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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 4.12%

Stock MarketsOct 25, 2020 10:15AM ET
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© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 4.12%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Industrial Investment, Hotels & Tourism and Transport sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 4.12% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Anaam International Holding Group (SE:4061), which rose 0.80% or 3.40 points to trade at 430.80 at the close. Meanwhile, Saudi Printing & Packaging Company (SE:4270) added 0.26% or 0.06 points to end at 23.50 and Etihad Atheeb Telecommunication (SE:7040) was unchanged 0.00% or 0.000 points to 7.211 in late trade.

The worst performers of the session were BURUJ COOPERATIVE INSURANCE CO (SE:8270), which fell 10.00% or 2.48 points to trade at 22.32 at the close. Saudi Arabia Refineries Co. (SE:2030) declined 10.00% or 7.30 points to end at 65.70 and Allianz Saudi Fransi Cooperative Insurance Company (SE:8040) was down 10.00% or 2.18 points to 19.62.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 199 to 2 and 1 ended unchanged.

Shares in Anaam International Holding Group (SE:4061) rose to 5-year highs; rising 0.80% or 3.40 to 430.80. Shares in Saudi Printing & Packaging Company (SE:4270) rose to 3-years highs; gaining 0.26% or 0.06 to 23.50.

Crude oil for December delivery was down 2.19% or 0.89 to $39.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January unchanged 0.00% or 0.00 to hit $42.07 a barrel, while the December Gold Futures contract fell 0.03% or 0.60 to trade at $1904.00 a troy ounce.

EUR/SAR was up 0.39% to 4.4489, while USD/SAR rose 0.01% to 3.7505.

The US Dollar Index Futures was down 0.26% at 92.722.

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 4.12%
 

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Comments (1)
Tarang Shah
Tarang Shah Oct 25, 2020 2:36PM ET
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4% fall is a surprising one!
irfan afzal
irfan afzal Oct 25, 2020 2:36PM ET
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Yes, Indeed a big surprise. A major fall.
 
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