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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.97%

Published 08/09/2024, 13:45
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.97%

Investing.com – Saudi Arabia equities were lower at the close on Sunday, as losses in the Agriculture & Food, Financial Services and Telecoms & IT sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.97%.

The biggest gainers of the session on the Tadawul All Share were Nayifat Finance Co (TADAWUL:4081), which rose 9.98% or 1.32 points to trade at 14.54 at the close. Red Sea Housing Services Company (TADAWUL:4230) added 9.94% or 4.30 points to end at 47.55 and Saudi Industrial Export Co (TADAWUL:4140) was up 9.71% or 0.27 points to 3.05 in late trade.

Biggest losers included Arriyadh Development Co. (TADAWUL:4150), which lost 3.27% or 0.85 points to trade at 25.15 in late trade. Bindawood Holding Co (TADAWUL:4161) declined 3.09% or 0.22 points to end at 6.90 and Maharah for Human Resources (TADAWUL:1831) shed 3.06% or 0.22 points to 6.96.

Declining stocks outnumbered rising ones by 208 to 91 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was down 1.43% or 0.99 to $68.16 a barrel. Meanwhile, Brent oil for delivery in November fell 2.24% or 1.63 to hit $71.06 a barrel, while the December Gold Futures contract fell 0.64% or 16.30 to trade at $2,526.80 a troy ounce.

EUR/SAR was down 0.24% to 4.16, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.07% at 101.14.

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