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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.17%

Published 06/05/2016, 09:15 AM
Updated 06/05/2016, 11:50 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.17%
TASI
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Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Multi Investment, Hotels & Tourism and Transport sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.17%.

The best performers of the session on the Tadawul All Share were Mobile Telecommunications Company (SE:7030), which rose 10.00% or 0.75 points to trade at 8.25 at the close. Meanwhile, Etihad Atheeb Telecommunication (SE:7040) added 3.90% or 0.150 points to end at 4.000 and Basic Chemical Industries Co (SE:1210) was up 3.45% or 1.00 points to 30.00 in late trade.

The worst performers of the session were Amana Cooperative Insurance Co (SE:8310), which fell 8.60% or 0.95 points to trade at 10.10 at the close. Al Sagr Co-operative Insurance Co (SE:8180) declined 5.25% or 1.80 points to end at 32.50 and ACE ARABIA COOPERATIVE INSURANCE (SE:8240) was down 5.17% or 2.10 points to 38.50.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 139 to 17 and 13 ended unchanged.

Crude oil for July delivery was down 0.63% or 0.31 to $48.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.40% or 0.20 to hit $49.84 a barrel, while the August Gold contract rose 2.82% or 34.25 to trade at $1246.85 a troy ounce.

EUR/SAR was up 1.92% to 4.2634, while USD/SAR fell 0.01% to 3.7497.

The US Dollar Index was down 1.74% at 93.90.

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