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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 3.10%

Published 03/11/2020, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 3.10%
TASI
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TCSI
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TCGI
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TMDI
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8160
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4061
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6040
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4030
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3003
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1820
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Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Hotels & Tourism, Media & Publishing and Industrial Investment sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 3.10%.

The best performers of the session on the Tadawul All Share were The National Shipping Co. (SE:4030), which rose 9.91% or 3.20 points to trade at 35.50 at the close. Meanwhile, Anaam International Holding Group (SE:4061) added 9.89% or 12.40 points to end at 137.80 and Tabuk Agriculture Development Co (SE:6040) was up 5.52% or 0.44 points to 8.41 in late trade.

The worst performers of the session were Arabia Insurance Cooperative Co (SE:8160), which fell 10.00% or 1.20 points to trade at 10.80 at the close. City Cement Co (SE:3003) declined 10.00% or 1.58 points to end at 14.22 and Al Hokair Group (SE:1820) was down 9.96% or 1.34 points to 12.12.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 176 to 19 and 3 ended unchanged.

Shares in Arabia Insurance Cooperative Co (SE:8160) fell to 3-years lows; losing 10.00% or 1.20 to 10.80. Shares in Al Hokair Group (SE:1820) fell to all time lows; down 9.96% or 1.34 to 12.12.

Crude oil for April delivery was down 2.18% or 0.75 to $33.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.02% or 0.75 to hit $36.47 a barrel, while the April Gold Futures contract fell 0.14% or 2.25 to trade at $1658.05 a troy ounce.

EUR/SAR was up 0.38% to 4.2489, while USD/SAR rose 0.01% to 3.7535.

The US Dollar Index Futures was down 0.24% at 96.157.

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