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

Published 06/11/2024, 08:45 AM
Updated 06/11/2024, 08:50 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.66%
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Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Energy & Utilities, Media & Publishing and Financial Services sectors led shares lower.

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

The best performers of the session on the Tadawul All Share were Miahona Holding SCJSC (TADAWUL:2084), which rose 10.00% or 1.88 points to trade at 20.68 at the close. Meanwhile, Fawaz Abdulaziz AlHokair Company (TADAWUL:4240) added 9.35% or 0.76 points to end at 8.89 and Saudi Chemical Company (TADAWUL:2230) was up 8.63% or 0.88 points to 11.08 in late trade.

The worst performers of the session were The National Shipping Co. (TADAWUL:4030), which fell 3.25% or 0.85 points to trade at 25.30 at the close. International Company for Water and Power Projects (ACWA Power) (TADAWUL:2082) declined 2.66% or 10.00 points to end at 366.00 and Saudi Research and Marketing Group (TADAWUL:4210) was down 2.58% or 5.60 points to 211.40.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 183 to 107 and 20 ended unchanged.

Shares in Miahona Holding SCJSC (TADAWUL:2084) rose to all time highs; rising 10.00% or 1.88 to 20.68. Shares in Saudi Chemical Company (TADAWUL:2230) rose to all time highs; gaining 8.63% or 0.88 to 11.08.

Crude oil for July delivery was down 0.14% or 0.11 to $77.63 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.05% or 0.04 to hit $81.59 a barrel, while the August Gold Futures contract rose 0.35% or 8.10 to trade at $2,335.10 a troy ounce.

EUR/SAR was down 0.26% to 4.03, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.20% at 104.90.

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