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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.35%

Published 07/19/2017, 09:15 AM
Updated 07/19/2017, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.35%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Media & Publishing, Financial Services and Cement sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.35%.

The best performers of the session on the Tadawul All Share were The Mediterranean&Gulf Insurance Co (SE:8030), which rose 4.83% or 0.82 points to trade at 17.80 at the close. Meanwhile, Malath Cooperative Insurance Co (SE:8020) added 4.71% or 1.00 points to end at 22.24 and Saudi United Cooperative Insurance (SE:8060) was up 4.15% or 1.20 points to 30.10 in late trade.

The worst performers of the session were Saudi Research and Marketing Group (SE:4210), which fell 2.96% or 1.60 points to trade at 52.40 at the close. Mobile Telecommunications Company (SE:7030) declined 2.70% or 0.25 points to end at 9.02 and Mouwasat Medical Services Company (SE:4002) was down 2.52% or 3.80 points to 147.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 91 to 71 and 15 ended unchanged.

Shares in Saudi United Cooperative Insurance (SE:8060) rose to 3-years highs; rising 4.15% or 1.20 to 30.10.

Crude oil for August delivery was up 0.26% or 0.12 to $46.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.39% or 0.19 to hit $49.03 a barrel, while the August Gold Futures contract fell 0.02% or 0.21 to trade at $1241.69 a troy ounce.

EUR/SAR was down 0.23% to 4.3236, while USD/SAR fell 0.01% to 3.7500.

The US Dollar Index Futures was up 0.06% at 94.51.

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