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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.52%

Published 04/11/2023, 10:15 AM
© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.52%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Media & Publishing, Financial Services and Cement sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.52%.

The best performers of the session on the Tadawul All Share were Allied Cooperative Insurance Group SJSC (TADAWUL:8150), which rose 7.26% or 0.90 points to trade at 13.30 at the close. Meanwhile, Perfect Presentation for Commercial Services Company PJSC (TADAWUL:7204) added 4.65% or 10.00 points to end at 225.00 and Thimar Development Holding Co (TADAWUL:4160) was up 3.41% or 1.30 points to 39.45 in late trade.

The worst performers of the session were Middle East Specialized Cables Co (TADAWUL:2370), which fell 5.30% or 0.70 points to trade at 12.52 at the close. Al Baha Investment and Development Company SJSC (TADAWUL:4130) declined 4.91% or 0.78 points to end at 15.12 and Sadr Logistics Co (TADAWUL:1832) was down 3.81% or 1.60 points to 40.35.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 158 to 94 and 17 ended unchanged.

Shares in Perfect Presentation for Commercial Services Company PJSC (TADAWUL:7204) rose to all time highs; up 4.65% or 10.00 to 225.00.

Crude oil for May delivery was up 1.09% or 0.87 to $80.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.68% or 0.57 to hit $84.75 a barrel, while the June Gold Futures contract rose 0.61% or 12.30 to trade at $2,016.10 a troy ounce.

EUR/SAR was up 0.61% to 4.10, while USD/SAR unchanged 0.03% to 3.75.

The US Dollar Index Futures was down 0.50% at 101.74.

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