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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.21%

Published 03/18/2021, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.21%
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Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Financial Services, Telecoms & IT and Petrochemicals sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.21%.

The best performers of the session on the Tadawul All Share were Al Yamamah Steel Industries Co (SE:1304), which rose 6.75% or 2.70 points to trade at 42.70 at the close. Meanwhile, Food Products Co. (SE:2100) added 5.63% or 9.60 points to end at 180.00 and United Int Transportation Company (SE:4260) was up 5.10% or 2.25 points to 46.35 in late trade.

The worst performers of the session were Advanced Petrochemical Company (SE:2330), which fell 3.98% or 2.80 points to trade at 67.50 at the close. National Petrochemical Company (SE:2002) declined 3.94% or 1.55 points to end at 37.75 and Al Rajhi Bank (SE:1120) was down 3.67% or 3.50 points to 91.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 101 to 93 and 10 ended unchanged.

Shares in United Int Transportation Company (SE:4260) rose to 5-year highs; gaining 5.10% or 2.25 to 46.35.

Crude oil for April delivery was down 2.66% or 1.72 to $62.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.71% or 1.84 to hit $66.16 a barrel, while the April Gold Futures contract fell 0.29% or 5.00 to trade at $1722.10 a troy ounce.

EUR/SAR was down 0.46% to 4.4713, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was up 0.42% at 91.820.

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