📖 Your Q2 Earnings Guide: Discover the Stocks ProPicks AI Highlights to Jump Post-EarningsRead more

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.21%

Published 10/09/2016, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.21%
TASI
-
TBNI
-
TUTI
-
TTSI
-
8060
-
8210
-
8260
-
6010
-
1040
-
1050
-

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Financial Services, Energy & Utilities and Telecoms & IT sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 2.21%.

The best performers of the session on the Tadawul All Share were National Agriculture Development Co (SE:6010), which rose 4.40% or 0.80 points to trade at 19.00 at the close. Meanwhile, Bupa Arabia for Coop. Insurance (SE:8210) added 3.17% or 3.25 points to end at 105.75 and Saudi United Cooperative Insurance (SE:8060) was up 2.87% or 0.45 points to 16.15 in late trade.

The worst performers of the session were Banque Saudi Fransi (SE:1050), which fell 9.88% or 2.00 points to trade at 18.25 at the close. Gulf General Cooperative Insurance (SE:8260) declined 8.47% or 1.05 points to end at 11.35 and Saudi Hollandi Bank (SE:1040) was down 7.18% or 0.70 points to 9.05.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 139 to 27 and 3 ended unchanged.

Shares in Banque Saudi Fransi (SE:1050) fell to 5-year lows; losing 9.88% or 2.00 to 18.25. Shares in Saudi Hollandi Bank (SE:1040) fell to 5-year lows; falling 7.18% or 0.70 to 9.05.

Crude oil for November delivery was down 1.72% or 0.87 to $49.57 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.60% or 0.84 to hit $51.67 a barrel, while the December Gold contract rose 0.47% or 5.95 to trade at $1258.95 a troy ounce.

EUR/SAR was up 0.44% to 4.2020, while USD/SAR rose 0.01% to 3.7519.

The US Dollar Index was down 0.14% at 96.52.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.