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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.27%

Published 23/10/2017, 14:15
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.27%
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Investing.com – Saudi Arabia equities were lower at the close on Monday, as losses in the Telecoms & IT, Media & Publishing and Agriculture & Food sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.27% to hit a new 3-month low.

The biggest gainers of the session on the Tadawul All Share were Al-Rajhi Cooperative Insurance (SE:8230), which rose 2.61% or 1.54 points to trade at 60.50 at the close. Dallah Healthcare Holding Company (SE:4004) added 2.29% or 2.24 points to end at 100.00 and The Company for Coop. Insurance (SE:8010) was up 1.46% or 1.37 points to 95.00 in late trade.

Biggest losers included Etihad Etisalat Co (SE:7020), which lost 7.35% or 1.12 points to trade at 14.12 in late trade. Southern Province Cement Co. (SE:3050) declined 5.54% or 2.41 points to end at 41.10 and Nama Chemicals Co. (SE:2210) shed 4.46% or 0.78 points to 16.70.

Declining stocks outnumbered rising ones by 141 to 27 and 11 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.54% or 0.28 to $52.12 a barrel. Meanwhile, Brent oil for delivery in December rose 0.09% or 0.05 to hit $57.80 a barrel, while the December Gold Futures contract fell 0.47% or 6.04 to trade at $1274.46 a troy ounce.

EUR/SAR was down 0.35% to 4.4024, while USD/SAR fell 0.01% to 3.7503.

The US Dollar Index Futures was up 0.32% at 93.87.

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