Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.44%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Real Estate Development , Petrochemicals and Media & Publishing sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.44% to hit a new 3-months low.

The best performers of the session on the Tadawul All Share were Riyadh Cables Group Company CJSC (TADAWUL:4142 ), which rose 7.56% or 9.00 points to trade at 128.00 at the close. Meanwhile, MBC Group CJSC (TADAWUL:4072 ) added 6.83% or 3.25 points to end at 50.80 and Al ELM Information Security Company CJSC (TADAWUL:7203 ) was up 4.03% or 42.80 points to 1,105.00 in late trade.

The worst performers of the session were Jadwa REIT Saudi Fund (TADAWUL:4342 ), which fell 5.12% or 0.56 points to trade at 10.38 at the close. Al-Jouf Agriculture Development Co (TADAWUL:6070 ) declined 4.92% or 3.00 points to end at 58.00 and Ataa Educational Co (TADAWUL:4292 ) was down 4.24% or 3.20 points to 72.30.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 231 to 86 and 16 ended unchanged.

Shares in Riyadh Cables Group Company CJSC (TADAWUL:4142 ) rose to all time highs; up 7.56% or 9.00 to 128.00.

Crude oil for January delivery was up 0.57% or 0.39 to $69.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.51% or 0.37 to hit $72.85 a barrel, while the February Gold Futures contract rose 0.48% or 12.80 to trade at $2,655.40 a troy ounce.

EUR/SAR was up 0.36% to 3.96, while USD/SAR unchanged 0.03% to 3.76.

The US Dollar Index Futures was down 0.23% at 106.53.

Source: Investing.com