Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Telecoms & IT, Cement and Financial Services sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 0.49%.
The best performers of the session on the Tadawul All Share were CHUBB Arabia Cooperative Insurance (SE:8240), which rose 9.95% or 4.00 points to trade at 44.20 at the close. Meanwhile, Alinma Tokio Marine Co (SE:8312) added 9.83% or 2.65 points to end at 29.60 and Saudi Industrial Export Co (SE:4140) was up 8.83% or 10.60 points to 130.60 in late trade.
The worst performers of the session were Swicorp Wabel REIT (SE:4345), which fell 4.12% or 0.34 points to trade at 7.92 at the close. Food Products Co. (SE:2100) declined 2.78% or 5.40 points to end at 188.60 and Mobile Telecommunications Company (SE:7030) was down 2.47% or 0.36 points to 14.20.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 111 to 75 and 19 ended unchanged.
Shares in Alinma Tokio Marine Co (SE:8312) rose to 3-years highs; gaining 9.83% or 2.65 to 29.60. Shares in Saudi Industrial Export Co (SE:4140) rose to 52-week highs; rising 8.83% or 10.60 to 130.60.
Crude oil for May delivery was down 3.22% or 1.97 to $59.21 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.79% or 1.80 to hit $62.61 a barrel, while the April Gold Futures contract rose 0.36% or 6.20 to trade at $1739.40 a troy ounce.
EUR/SAR was down 0.07% to 4.4263, while USD/SAR rose 0.01% to 3.7503.
The US Dollar Index Futures was up 0.16% at 92.677.