Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.17%

Published 10/29/2019, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.17%
TASI
-
TCGI
-
TMDI
-
TRMI
-
2050
-
1213
-
2040
-
2300
-
2370
-
4050
-

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

At the close in Saudi Arabia, the Tadawul All Share declined 1.17%.

The best performers of the session on the Tadawul All Share were Savola Group (SE:2050), which rose 9.93% or 2.70 points to trade at 29.90 at the close. Meanwhile, Middle East Specialized Cables Co (SE:2370) added 2.27% or 0.20 points to end at 9.00 and Saudi Automotive Services Co. (SE:4050) was up 1.90% or 0.46 points to 24.70 in late trade.

The worst performers of the session were Saudi Paper Manufacturing Co. (SE:2300), which fell 6.93% or 0.67 points to trade at 9.00 at the close. Al Sorayai Trading&Industrial Group (SE:1213) declined 6.15% or 1.95 points to end at 29.75 and Saudi Ceramic Co. (SE:2040) was down 5.92% or 1.54 points to 24.46.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 176 to 18 and 2 ended unchanged.

Crude oil for December delivery was down 1.52% or 0.85 to $54.96 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.41% or 0.87 to hit $60.70 a barrel, while the December Gold Futures contract fell 0.42% or 6.35 to trade at $1489.45 a troy ounce.

EUR/SAR was up 0.02% to 4.1628, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was down 0.02% at 97.507.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.