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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.11%

Published 05/22/2023, 10:15 AM
© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.11%

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

At the close in Saudi Arabia, the Tadawul All Share fell 0.11%.

The best performers of the session on the Tadawul All Share were Saudi Pharmaceutical Appliances (TADAWUL:2070), which rose 9.93% or 3.35 points to trade at 37.10 at the close. Meanwhile, East Pipes Integrated Company for Industry (TADAWUL:1321) added 9.93% or 5.50 points to end at 60.90 and AYYAN Investment Co SJSC (TADAWUL:2140) was up 9.18% or 1.68 points to 19.98 in late trade.

The worst performers of the session were Scientific and Medical Equipment House Company CJSC (TADAWUL:4014), which fell 4.09% or 3.10 points to trade at 72.70 at the close. Al ELM Information Security Company CJSC (TADAWUL:7203) declined 3.27% or 15.40 points to end at 455.00 and Dallah Healthcare Holding Company (TADAWUL:4004) was down 3.17% or 5.60 points to 171.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 145 to 122 and 10 ended unchanged.

Shares in Saudi Pharmaceutical Appliances (TADAWUL:2070) rose to 52-week highs; rising 9.93% or 3.35 to 37.10. Shares in East Pipes Integrated Company for Industry (TADAWUL:1321) rose to 52-week highs; gaining 9.93% or 5.50 to 60.90.

Crude oil for July delivery was up 0.31% or 0.22 to $71.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.28% or 0.21 to hit $75.79 a barrel, while the June Gold Futures contract fell 0.35% or 6.85 to trade at $1,974.75 a troy ounce.

EUR/SAR was unchanged 0.09% to 4.06, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was up 0.04% at 103.12.

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