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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.21%

Published 08/06/2023, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.21%

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

At the close in Saudi Arabia, the Tadawul All Share declined 0.21% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Saudi Steel Pipe Company (TADAWUL:1320), which rose 6.53% or 1.85 points to trade at 30.20 at the close. Meanwhile, Leejam Sports Company SJSC (TADAWUL:1830) added 5.17% or 7.80 points to end at 158.60 and Al ELM Information Security Company CJSC (TADAWUL:7203) was up 4.18% or 27.00 points to 673.00 in late trade.

The worst performers of the session were National Agriculture Development Co (TADAWUL:6010), which fell 10.00% or 4.80 points to trade at 43.20 at the close. Middle East Healthcare Co CJSC (TADAWUL:4009) declined 9.94% or 6.30 points to end at 57.10 and Saudi Arabian Amiantit Co. (TADAWUL:2160) was down 9.93% or 4.55 points to 41.25.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 196 to 66 and 22 ended unchanged.

Shares in Saudi Steel Pipe Company (TADAWUL:1320) rose to 52-week highs; up 6.53% or 1.85 to 30.20. Shares in Leejam Sports Company SJSC (TADAWUL:1830) rose to all time highs; rising 5.17% or 7.80 to 158.60.

Crude oil for September delivery was up 1.34% or 1.09 to $82.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.19% or 1.01 to hit $86.15 a barrel, while the December Gold Futures contract rose 0.48% or 9.40 to trade at $1,978.20 a troy ounce.

EUR/SAR was up 0.60% to 4.13, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.51% at 101.83.

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