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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.24%

Published 04/24/2018, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.24%
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Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Agriculture & Food, Insurance and Industrial Investment sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.24%.

The best performers of the session on the Tadawul All Share were Al Sorayai Trading&Industrial Group (SE:1213), which rose 7.17% or 1.15 points to trade at 17.20 at the close. Meanwhile, Saudi Research and Marketing Group (SE:4210) added 7.03% or 7.20 points to end at 109.60 and Saudi Industrial Services Co. (SE:2190) was up 6.60% or 0.99 points to 15.98 in late trade.

The worst performers of the session were Arabian Cement Co (SE:3010), which fell 8.25% or 2.72 points to trade at 30.25 at the close. Saudia Dairy and Foodstuff .Co (SE:2270) declined 3.76% or 4.42 points to end at 113.20 and Dallah Healthcare Holding Company (SE:4004) was down 3.57% or 3.70 points to 99.90.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 120 to 67.

Shares in Al Sorayai Trading&Industrial Group (SE:1213) rose to 52-week highs; rising 7.17% or 1.15 to 17.20. Shares in Arabian Cement Co (SE:3010) fell to 5-year lows; down 8.25% or 2.72 to 30.25. Shares in Saudi Research and Marketing Group (SE:4210) rose to all time highs; up 7.03% or 7.20 to 109.60. Shares in Saudi Industrial Services Co. (SE:2190) rose to 52-week highs; gaining 6.60% or 0.99 to 15.98.

Crude oil for June delivery was up 0.04% or 0.03 to $68.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.05% or 0.04 to hit $74.75 a barrel, while the June Gold Futures contract rose 0.32% or 4.20 to trade at $1328.20 a troy ounce.

EUR/SAR was up 0.06% to 4.5806, while USD/SAR rose 0.02% to 3.7502.

The US Dollar Index Futures was down 0.02% at 90.67.

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