Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.37%

Saudi Arabia stocks

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

At the close in Saudi Arabia, the Tadawul All Share lost 0.37%.

The best performers of the session on the Tadawul All Share were National Gas & Industrialization Co, which rose 6.75% or 1.65 points to trade at 26.10 at the close. Meanwhile, Saudi Advanced Industries Co. added 2.82% or 0.30 points to end at 10.95 and Dar Alarkan Real Estate Development  was up 2.59% or 0.15 points to 5.95 in late trade.

The worst performers of the session were Al-Rajhi Cooperative Insurance, which fell 8.46% or 2.20 points to trade at 23.80 at the close. United Cooperative Assurance Co (SE:8190) declined 5.93% or 0.70 points to end at 11.10 and Yanbu National Petrochemical Co  was down 4.37% or 1.90 points to 41.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 115 to 29 and 25 ended unchanged.

Crude oil for July delivery was down 1.73% or 0.83 to $47.18 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.72% or 0.84 to hit $48.13 a barrel, while the August Gold contract rose 2.00% or 25.80 to trade at $1314.10 a troy ounce.

EUR/SAR was down 0.92% to 4.1843, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index was up 0.61% at 95.25.
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