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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.71%

Published 10/02/2018, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.71%
TASI
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2110
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Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Hotels & Tourism, Retail and Financial Services sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.71%.

The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE:4140), which rose 9.95% or 21.60 points to trade at 238.60 at the close. Meanwhile, Al-Rajhi Cooperative Insurance (SE:8230) added 4.35% or 2.40 points to end at 57.60 and Saudi Cable Company (SE:2110) was up 3.32% or 0.78 points to 24.28 in late trade.

The worst performers of the session were Banque Saudi Fransi (SE:1050), which fell 3.77% or 1.25 points to trade at 31.95 at the close. United Electronics Company (SE:4003) declined 3.74% or 2.00 points to end at 51.50 and Saudi United Cooperative Insurance (SE:8060) was down 3.31% or 0.78 points to 22.80.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 131 to 43 and 9 ended unchanged.

Shares in Saudi United Cooperative Insurance (SE:8060) fell to 52-week lows; falling 3.31% or 0.78 to 22.80.

Crude oil for November delivery was up 0.20% or 0.15 to $75.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.07% or 0.06 to hit $84.92 a barrel, while the December Gold Futures contract rose 1.02% or 12.10 to trade at $1203.80 a troy ounce.

EUR/SAR was down 0.32% to 4.3281, while USD/SAR fell 0.02% to 3.7496.

The US Dollar Index Futures was up 0.26% at 95.17.

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