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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.20%

Published 02/21/2017, 08:15 AM
Updated 02/21/2017, 08:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.20%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Agriculture & Food, Insurance and Financial Services sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.20%.

The best performers of the session on the Tadawul All Share were Jazan Development Co. (SE:6090), which rose 8.33% or 1.00 points to trade at 13.00 at the close. Meanwhile, Saudi Industrial Development Co. (SE:2130) added 5.00% or 0.55 points to end at 11.55 and Herfy Food Services Co (SE:6002) was up 3.05% or 2.50 points to 84.50 in late trade.

The worst performers of the session were Umm Al-Qura (SE:3005), which fell 3.78% or 0.80 points to trade at 20.35 at the close. Saudi Indian Company Insurance (SE:8110) declined 3.27% or 0.65 points to end at 19.25 and Gulf Union Cooperative Insurance (SE:8120) was down 3.23% or 0.45 points to 13.50.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 96 to 56 and 18 ended unchanged.

Crude oil for April delivery was up 1.64% or 0.88 to $54.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.44% or 0.81 to hit $56.99 a barrel, while the April Gold Futures contract fell 0.58% or 7.15 to trade at $1231.95 a troy ounce.

EUR/SAR was down 0.70% to 3.9520, while USD/SAR rose 0.02% to 3.7504.

The US Dollar Index Futures was up 0.57% at 101.50.

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