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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.15%

Published 24/07/2017, 14:15
Updated 24/07/2017, 14:15
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.15%

© Reuters. Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.15%

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

At the close in Saudi Arabia, the Tadawul All Share fell 0.15%.

The biggest gainers of the session on the Tadawul All Share were Tihama Advertising&Public Relations (SE:4070), which rose 5.87% or 2.15 points to trade at 38.80 at the close. United Electronics Company (SE:4003) added 5.04% or 2.05 points to end at 42.75 and Allied Cooperative Insurance Group (SE:8150) was up 3.42% or 0.50 points to 15.10 in late trade.

Biggest losers included Etihad Etisalat Co (SE:7020), which lost 7.23% or 1.46 points to trade at 18.74 in late trade. Malath Cooperative Insurance Co (SE:8020) declined 3.08% or 0.80 points to end at 25.20 and Red Sea Housing Services Company (SE:4230) shed 2.54% or 0.50 points to 19.20.

Declining stocks outnumbered rising ones by 78 to 78 and 25 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.85% or 0.39 to $46.16 a barrel. Meanwhile, Brent oil for delivery in September rose 0.92% or 0.44 to hit $48.50 a barrel, while the August Gold Futures contract rose 0.20% or 2.49 to trade at $1257.39 a troy ounce.

EUR/SAR was down 0.12% to 4.3685, while USD/SAR rose 0.02% to 3.7506.

The US Dollar Index Futures was down 0.01% at 93.77.

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