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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.13%

Published 10/28/2024, 08:45 AM
Updated 10/28/2024, 08:50 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.13%
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Investing.com – Saudi Arabia stocks were lower after the close on Monday, as losses in the Insurance, Transport and Agriculture & Food sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.13%.

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230), which rose 8.32% or 5.40 points to trade at 70.30 at the close. Meanwhile, Zamil Industrial Investment Co (TADAWUL:2240) added 5.59% or 1.45 points to end at 27.40 and Arabian Contracting Services Company CJSC (TADAWUL:4071) was up 4.33% or 7.40 points to 178.40 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which fell 7.69% or 0.02 points to trade at 0.24 at the close. Saudi Manpower Solutions Co (TADAWUL:1834) declined 3.03% or 0.26 points to end at 8.31 and Nama Chemicals Co. (TADAWUL:2210) was down 3.02% or 0.80 points to 25.70.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 146 to 137 and 33 ended unchanged.

Shares in Red Sea Housing Services Company (TADAWUL:4230) rose to 5-year highs; rising 8.32% or 5.40 to 70.30.

Crude oil for December delivery was down 6.27% or 4.50 to $67.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 5.90% or 4.46 to hit $71.17 a barrel, while the December Gold Futures contract fell 0.33% or 9.20 to trade at $2,745.40 a troy ounce.

EUR/SAR was up 0.15% to 4.06, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was down 0.06% at 104.07.

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