Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.58% – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Media&Publishing, Telecoms&IT and Petrochemicals sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.58%.

The best performers of the session on the Tadawul All Share were AXA Cooperative Insurance Company (SE:8250), which rose 10.00% or 2.40 points to trade at 26.40 at the close. Meanwhile, United Cooperative Assurance Co (SE:8190) added 4.67% or 0.50 points to end at 11.20 and Saudi RE Cooperative Reinsurance (SE:8200) was up 3.27% or 0.24 points to 7.58 in late trade.

The worst performers of the session were Saudi Research and Marketing Group (SE:4210), which fell 2.63% or 2.00 points to trade at 74.00 at the close. Yanbu National Petrochemical Co (SE:2290) declined 2.56% or 1.90 points to end at 72.20 and Saudi Cable Company (SE:2110) was down 2.40% or 1.00 points to 40.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 101 to 73 and 13 ended unchanged.

Shares in Saudi Research and Marketing Group (SE:4210) fell to 52-week lows; falling 2.63% or 2.00 to 74.00.

Crude oil for May delivery was up 1.88% or 1.17 to $63.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.46% or 1.01 to hit $70.41 a barrel, while the June Gold Futures contract rose 0.12% or 1.50 to trade at $1295.80 a troy ounce.

EUR/SAR was up 0.09% to 4.2113, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was up 0.08% at 96.998.


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