Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.21%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.21%

Saudi Arabia stocks were lower after the close on Thursday, as losses in the Real Estate Development, Media & Publishing and Insurance sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.21%.

The best performers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication, which rose 9.76% or 0.40 points to trade at 4.50 at the close. Meanwhile, Saudi Advanced Industries Co. added 5.68% or 0.65 points to end at 12.10 and Saudi Chemical Company  was up 4.89% or 2.30 points to 49.30 in late trade.

The worst performers of the session were Arabia Insurance Cooperative Co, which fell 8.72% or 0.95 points to trade at 9.95 at the close. Saudi Indian Company Insurance declined 7.60% or 1.60 points to end at 19.45 and Solidarity Saudi Takaful Co  was down 7.39% or 0.75 points to 9.40.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 88 to 63 and 17 ended unchanged.

Crude oil for June delivery was down 0.07% or 0.03 to $45.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July unchanged 0.00% or 0.00 to hit $46.93 a barrel, while the June Gold contract rose 0.64% or 7.95 to trade at $1258.35 a troy ounce.

EUR/SAR was up 0.18% to 4.2533, while USD/SAR fell 0.01% to 3.7504.

The US Dollar Index was down 0.50% at 93.91.