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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.42%

Published 03/04/2020, 09:15 AM
Updated 03/04/2020, 09:54 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.42%
TASI
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Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Financial Services, Transport and Energy & Utilities sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.42%.

The best performers of the session on the Tadawul All Share were Al Hassan Ghazi Ibrahim Shaker (SE:1214), which rose 6.01% or 0.72 points to trade at 12.70 at the close. Meanwhile, Tourism Enterprise Co. (SE:4170) added 4.74% or 1.04 points to end at 23.00 and Etihad Etisalat Co (SE:7020) was up 4.64% or 1.02 points to 23.00 in late trade.

The worst performers of the session were National Company for Learning and Education SJSC (SE:4291), which fell 5.65% or 2.05 points to trade at 34.25 at the close. Samba Financial Group (SE:1090) declined 4.10% or 1.10 points to end at 25.75 and The Saudi British Bank (SE:1060) was down 4.03% or 1.10 points to 26.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 100 to 82 and 16 ended unchanged.

Shares in The Saudi British Bank (SE:1060) fell to 52-week lows; falling 4.03% or 1.10 to 26.20.

Crude oil for April delivery was up 1.70% or 0.80 to $47.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 1.27% or 0.66 to hit $52.52 a barrel, while the April Gold Futures contract fell 0.10% or 1.60 to trade at $1642.80 a troy ounce.

EUR/SAR was down 0.53% to 4.1687, while USD/SAR rose 0.03% to 3.7527.

The US Dollar Index Futures was up 0.29% at 97.407.

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