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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.31%

Published 03/31/2024, 08:45 AM
© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.31%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Media & Publishing, Building & Construction and Energy & Utilities sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.31% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230), which rose 9.89% or 2.70 points to trade at 30.00 at the close. Meanwhile, National Industrialization Co (TADAWUL:2060) added 5.14% or 0.68 points to end at 13.92 and Alinma Retail REIT Fund Unit (TADAWUL:4345) was up 5.00% or 0.25 points to 5.25 in late trade.

The worst performers of the session were Middle East Healthcare Co CJSC (TADAWUL:4009), which fell 10.00% or 11.00 points to trade at 99.00 at the close. Zamil Industrial Investment Co (TADAWUL:2240) declined 10.00% or 2.90 points to end at 26.10 and Saudi Research and Marketing Group (TADAWUL:4210) was down 10.00% or 28.80 points to 259.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 214 to 74 and 16 ended unchanged.

Shares in Red Sea Housing Services Company (TADAWUL:4230) rose to 52-week highs; gaining 9.89% or 2.70 to 30.00.

Crude oil for May delivery was up 2.16% or 1.76 to $83.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.05% or 0.04 to hit $86.99 a barrel, while the June Gold Futures contract rose 1.90% or 42.10 to trade at $2,254.80 a troy ounce.

EUR/SAR was unchanged 0.02% to 4.05, while USD/SAR unchanged 0.09% to 3.75.

The US Dollar Index Futures was up 0.20% at 104.27.

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