Saudi Arabia Stocks Lower At Close Of Trade; Tadawul All Share Down 1.31% By Investing.com | Old North State Wealth News
Connect with us

Investing

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.31% By Investing.com

Published

on

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the declined 1.31% to hit a new 1-month low.

The best performers of the session on the were Red Sea Housing Services Company (TADAWUL:), which rose 9.89% or 2.70 points to trade at 30.00 at the close. Meanwhile, National Industrialization Co (TADAWUL:) added 5.14% or 0.68 points to end at 13.92 and Alinma Retail REIT Fund Unit (TADAWUL:) was up 5.00% or 0.25 points to 5.25 in late trade.

The worst performers of the session were Middle East Healthcare Co CJSC (TADAWUL:), which fell 10.00% or 11.00 points to trade at 99.00 at the close. Zamil Industrial Investment Co (TADAWUL:) declined 10.00% or 2.90 points to end at 26.10 and Saudi Research and Marketing Group (TADAWUL:) was down 10.00% or 28.80 points to 259.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 214 to 74 and 16 ended unchanged.

Shares in Red Sea Housing Services Company (TADAWUL:) rose to 52-week highs; gaining 9.89% or 2.70 to 30.00.

Crude oil for May delivery was up 2.16% or 1.76 to $83.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.05% or 0.04 to hit $86.99 a barrel, while the June Gold Futures contract rose 1.90% or 42.10 to trade at $2,254.80 a troy ounce.

EUR/SAR was unchanged 0.02% to 4.05, while USD/SAR unchanged 0.09% to 3.75.

The US Dollar Index Futures was up 0.20% at 104.27.



Read the full article here

Trending

Copyright © 2022 ONSWM News. Content posted on the Old North State Wealth News page was developed and produced by a third party news aggregation service. Old North State Wealth Management is not affiliated with the news aggregation service. The information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the authors on the date the articles were published. The information presented is not an offer to buy or sell, or a solicitation of any offer to buy or sell, any of the securities discussed.