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

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

At the close in Saudi Arabia, the Tadawul All Share declined 1.17% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Saudi Cable Company (TADAWUL:2110 ), which rose 5.10% or 4.50 points to trade at 92.70 at the close. Meanwhile, Shatirah House Restaurant Co (TADAWUL:6016 ) added 3.75% or 0.76 points to end at 21.00 and Arabian Mills for Food Products (TADAWUL:2285 ) was up 3.08% or 1.60 points to 53.60 in late trade.

The worst performers of the session were Saudi Chemical Company (TADAWUL:2230 ), which fell 4.94% or 0.52 points to trade at 10.00 at the close. Alkhaleej Training & Education Co (TADAWUL:4290 ) declined 4.90% or 1.50 points to end at 29.10 and Red Sea Housing Services Company (TADAWUL:4230 ) was down 4.84% or 3.50 points to 68.80.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 230 to 84 and 14 ended unchanged.

Crude oil for December delivery was up 0.56% or 0.38 to $68.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.57% or 0.41 to hit $72.69 a barrel, while the December Gold Futures contract fell 1.18% or 30.50 to trade at $2,556.00 a troy ounce.

EUR/SAR was down 0.27% to 3.96, while USD/SAR unchanged 0.04% to 3.76.

The US Dollar Index Futures was up 0.30% at 106.69.

Source: Investing.com