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 2.21%

Published 05/10/2022, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.21%
TASI
-
TDAI
-
TBNI
-
TTSI
-
8120
-
2100
-
1010
-
1060
-
1211
-
4240
-

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Financial Services, Telecoms & IT and Building & Construction sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 2.21%.

The best performers of the session on the Tadawul All Share were Gulf Union Cooperative Insurance (TADAWUL:8120), which rose 5.58% or 0.64 points to trade at 12.10 at the close. Meanwhile, Fawaz Abdulaziz AlHokair Company (TADAWUL:4240) added 4.23% or 0.56 points to end at 13.80 and Wafrah for Industry and Development Company SJSC (TADAWUL:2100) was up 3.91% or 5.00 points to 133.00 in late trade.

The worst performers of the session were The Saudi British Bank (TADAWUL:1060), which fell 7.13% or 3.30 points to trade at 43.00 at the close. Riyad Bank (TADAWUL:1010) declined 6.64% or 2.80 points to end at 39.40 and Saudi Arabian Mining Company (TADAWUL:1211) was down 6.05% or 8.00 points to 124.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 169 to 53 and 14 ended unchanged.

Crude oil for June delivery was down 0.60% or 0.62 to $102.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.71% or 0.75 to hit $105.19 a barrel, while the June Gold Futures contract fell 0.06% or 1.10 to trade at $1,857.50 a troy ounce.

EUR/SAR was unchanged 0.06% to 3.96, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.07% at 103.76.

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.