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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.06%

Published 12/26/2022, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.06%

Investing.com – Saudi Arabia stocks were lower after the close on Monday, as losses in the Industrial Investment, Building & Construction and Real Estate Development sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.06%.

The best performers of the session on the Tadawul All Share were Perfect Presentation for Commercial Services Company PJSC (TADAWUL:7204), which rose 6.24% or 10.60 points to trade at 180.60 at the close. Meanwhile, Tanmiah Food Company SCJSC (TADAWUL:2281) added 5.77% or 6.60 points to end at 121.00 and Al Gassim Investment Holding Company SJSC (TADAWUL:6020) was up 5.44% or 0.98 points to 18.98 in late trade.

The worst performers of the session were Tourism Enterprise Co. (TADAWUL:4170), which fell 5.65% or 0.84 points to trade at 14.02 at the close. ALABDULLATIF CO. (TADAWUL:2340) declined 4.64% or 0.74 points to end at 15.22 and The Mediterranean&Gulf Insurance Co (TADAWUL:8030) was down 4.63% or 0.41 points to 8.45.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 173 to 65 and 15 ended unchanged.

Shares in Tourism Enterprise Co. (TADAWUL:4170) fell to 52-week lows; falling 5.65% or 0.84 to 14.02. Shares in Tanmiah Food Company SCJSC (TADAWUL:2281) rose to all time highs; gaining 5.77% or 6.60 to 121.00. Shares in ALABDULLATIF CO. (TADAWUL:2340) fell to 52-week lows; losing 4.64% or 0.74 to 15.22.

Crude oil for February delivery was up 2.40% or 1.86 to $79.35 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March unchanged 0.00% or 0.00 to hit $84.50 a barrel, while the February Gold Futures contract rose 0.60% or 10.70 to trade at $1,806.00 a troy ounce.

EUR/SAR was up 0.20% to 4.00, while USD/SAR unchanged 0.00% to 3.76.

The US Dollar Index Futures was down 0.08% at 104.04.

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