Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.41%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Cement , Real Estate Development and Hotels & Tourism sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.41%.

The best performers of the session on the Tadawul All Share were Sumou Real Estate Company JSCC (TADAWUL:4323 ), which rose 9.98% or 4.05 points to trade at 44.65 at the close. Meanwhile, Zamil Industrial Investment Co (TADAWUL:2240 ) added 6.62% or 2.10 points to end at 33.80 and Al Baha Investment and Development Company SJSC (TADAWUL:4130 ) was up 6.45% or 0.02 points to 0.33 in late trade.

The worst performers of the session were Makkah Construction&Development Co (TADAWUL:4100 ), which fell 3.04% or 3.60 points to trade at 114.80 at the close. Al Masane Al Kobra Mining Company CJSC (TADAWUL:1322 ) declined 2.49% or 1.80 points to end at 70.40 and Al Etihad Cooperative Insurance Co SJSC (TADAWUL:8170 ) was down 2.45% or 0.44 points to 17.54.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 158 to 150 and 27 ended unchanged.

Shares in Zamil Industrial Investment Co (TADAWUL:2240 ) rose to 3-years highs; rising 6.62% or 2.10 to 33.80.

Crude oil for January delivery was up 0.34% or 0.24 to $70.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.16% or 0.12 to hit $73.64 a barrel, while the February Gold Futures contract fell 0.65% or 17.84 to trade at $2,738.86 a troy ounce.

EUR/SAR was unchanged 0.01% to 3.94, while USD/SAR unchanged 0.03% to 3.76.

The US Dollar Index Futures was down 0.07% at 106.32.

Source: Investing.com