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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.53%

Published 08/08/2024, 08:45 AM
© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.53%
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Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Media & Publishing, Industrial Investment and Building & Construction sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.53%.

The best performers of the session on the Tadawul All Share were Baazeem Trading Co (TADAWUL:4051), which rose 9.95% or 0.65 points to trade at 7.18 at the close. Meanwhile, Halwani Bros (TADAWUL:6001) added 6.35% or 3.10 points to end at 51.90 and Theeb Rent a Car Company SJSC (TADAWUL:4261) was up 5.76% or 3.70 points to 67.90 in late trade.

The worst performers of the session were Middle East Healthcare Co CJSC (TADAWUL:4009), which fell 9.41% or 6.40 points to trade at 61.60 at the close. Al Baha Investment and Development Company SJSC (TADAWUL:4130) declined 7.69% or 0.01 points to end at 0.12 and Scientific and Medical Equipment House Company CJSC (TADAWUL:4014) was down 7.06% or 3.80 points to 50.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 225 to 70 and 10 ended unchanged.

Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130) fell to 52-week lows; down 7.69% or 0.01 to 0.12.

Crude oil for September delivery was up 0.35% or 0.26 to $75.49 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.15% or 0.12 to hit $78.45 a barrel, while the December Gold Futures contract rose 0.68% or 16.50 to trade at $2,448.90 a troy ounce.

EUR/SAR was down 0.30% to 4.09, while USD/SAR unchanged 0.03% to 3.75.

The US Dollar Index Futures was up 0.15% at 103.15.

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