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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.94%

Published 03/09/2016, 08:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.94%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Retail, Agriculture & Food and Media & Publishing sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.94%.

The best performers of the session on the Tadawul All Share were Saudi Indian Company Insurance (SE:8110), which rose 9.82% or 0.80 points to trade at 8.95 at the close. Meanwhile, The Mediterranean&Gulf Insurance Co (SE:8030) added 8.31% or 1.55 points to end at 20.20 and Gulf General Cooperative Insurance (SE:8260) was up 7.22% or 1.30 points to 19.30 in late trade.

The worst performers of the session were Jarir Marketing Co (SE:4190), which fell 9.13% or 12.00 points to trade at 119.50 at the close. ACE ARABIA COOPERATIVE INSURANCE (SE:8240) declined 6.41% or 3.35 points to end at 48.90 and Almarai Company (SE:2280) was down 4.87% or 3.75 points to 73.25.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 109 to 47 and 11 ended unchanged.

Crude oil for April delivery was up 1.70% or 0.62 to $37.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 1.97% or 0.78 to hit $40.43 a barrel, while the April Gold contract fell 0.49% or 6.20 to trade at $1256.70 a troy ounce.

EUR/SAR was down 0.34% to 4.1138, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index was up 0.20% at 97.35.

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