Investing.com – Saudi Arabia stocks were lower after the close on Monday, as losses in the Financial Services, Industrial Investment and Insurance sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 1.78%.
The best performers of the session on the Tadawul All Share were The Mediterranean&Gulf Insurance Co (SE:8030), which rose 3.73% or 0.82 points to trade at 22.78 at the close. Meanwhile, SABB Takaful (SE:8080) added 3.41% or 0.62 points to end at 18.80 and Fawaz Abdulaziz AlHokair Company (SE:4240) was up 3.39% or 0.95 points to 29.00 in late trade.
The worst performers of the session were Al Sorayai Trading&Industrial Group (SE:1213), which fell 9.63% or 2.20 points to trade at 20.64 at the close. United Cooperative Assurance Co (SE:8190) declined 6.41% or 0.70 points to end at 10.22 and The Saudi British Bank (SE:1060) was down 5.55% or 1.90 points to 32.35.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 173 to 22 and 4 ended unchanged.
Shares in The Mediterranean&Gulf Insurance Co (SE:8030) rose to 52-week highs; up 3.73% or 0.82 to 22.78. Shares in SABB Takaful (SE:8080) rose to 52-week highs; rising 3.41% or 0.62 to 18.80.
Crude oil for March delivery was down 2.29% or 1.24 to $52.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 2.45% or 1.47 to hit $58.42 a barrel, while the February Gold Futures contract rose 0.63% or 9.95 to trade at $1581.85 a troy ounce.
EUR/SAR was up 0.06% to 4.1373, while USD/SAR rose 0.01% to 3.7513.
The US Dollar Index Futures was up 0.02% at 97.670.