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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.66%

Published 10/30/2022, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.66%

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

At the close in Saudi Arabia, the Tadawul All Share fell 0.66%.

The best performers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication (TADAWUL:7040), which rose 9.92% or 4.30 points to trade at 47.65 at the close. Meanwhile, Leejam Sports Company SJSC (TADAWUL:1830) added 6.49% or 4.90 points to end at 80.40 and Salama Cooperative Insurance Co (TADAWUL:8050) was up 4.30% or 0.60 points to 14.56 in late trade.

The worst performers of the session were Al Sagr Co-operative Insurance Co (TADAWUL:8180), which fell 9.11% or 1.86 points to trade at 18.56 at the close. Dar Alarkan Real Estate Development (TADAWUL:4300) declined 8.28% or 1.30 points to end at 14.40 and Al Gassim Investment Holding Company SJSC (TADAWUL:6020) was down 4.93% or 1.14 points to 22.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 123 to 109 and 15 ended unchanged.

Shares in Al Sagr Co-operative Insurance Co (TADAWUL:8180) fell to 52-week lows; falling 9.11% or 1.86 to 18.56.

Crude oil for December delivery was down 0.79% or 0.70 to $88.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.86% or 0.82 to hit $94.22 a barrel, while the December Gold Futures contract fell 1.04% or 17.30 to trade at $1,648.30 a troy ounce.

EUR/SAR was up 0.14% to 3.75, while USD/SAR unchanged 0.05% to 3.76.

The US Dollar Index Futures was up 0.08% at 110.54.

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