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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.27%

Published 05/01/2025, 12:45
Updated 05/01/2025, 12:50
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.27%
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Investing.com – Saudi Arabia equities were lower at the close on Sunday, as losses in the Energy & Utilities, Financial Services and Telecoms & IT sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.27%.

The biggest gainers of the session on the Tadawul All Share were Saudi RE Cooperative Reinsurance (TADAWUL:8200), which rose 9.94% or 5.40 points to trade at 59.70 at the close. Salama Cooperative Insurance Co (TADAWUL:8050) added 8.44% or 1.64 points to end at 21.06 and Riyadh Cables Group Company CJSC (TADAWUL:4142) was up 6.34% or 9.00 points to 151.00 in late trade.

Biggest losers included National Medical Care Company (TADAWUL:4005), which lost 3.49% or 5.80 points to trade at 160.40 in late trade. Emaar The Economic City (TADAWUL:4220) declined 3.06% or 0.58 points to end at 18.38 and Power and Water Utility Company for Jubail and Yanbu (TADAWUL:2083) shed 2.93% or 1.60 points to 53.00.

Advancing stocks outnumbered falling ones by 157 to 147 and 32 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 1.13% or 0.83 to $73.96 a barrel. Meanwhile, Brent oil for delivery in March rose 0.76% or 0.58 to hit $76.51 a barrel, while the February Gold Futures contract fell 0.54% or 14.30 to trade at $2,654.70 a troy ounce.

EUR/SAR was up 0.52% to 3.87, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.38% at 108.80.

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