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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.71% By Investing.com


© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.71%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the fell 1.71% to hit a new 1-month low.

The best performers of the session on the were Saudi Arabian Amiantit Co. (TADAWUL:), which rose 9.97% or 3.85 points to trade at 42.45 at the close. Meanwhile, Arabian Drilling Co (TADAWUL:) added 4.29% or 5.20 points to end at 126.40 and Kingdom Holding Company (TADAWUL:) was up 2.43% or 0.19 points to 8.00 in late trade.

The worst performers of the session were Etihad Atheeb Telecommunication (TADAWUL:), which fell 9.86% or 6.20 points to trade at 56.70 at the close. Al Sagr Co-operative Insurance Co (TADAWUL:) declined 7.27% or 1.20 points to end at 15.30 and National Company for Learning and Education SJSC (TADAWUL:) was down 5.97% or 3.80 points to 59.80.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 218 to 26 and 6 ended unchanged.

Shares in Arabian Drilling Co (TADAWUL:) rose to all time highs; up 4.29% or 5.20 to 126.40. Shares in Al Sagr Co-operative Insurance Co (TADAWUL:) fell to 52-week lows; losing 7.27% or 1.20 to 15.30.

Crude oil for December delivery was up 0.22% or 0.19 to $86.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.44% or 0.41 to hit $93.06 a barrel, while the December Gold Futures contract rose 1.67% or 28.65 to trade at $1,742.35 a troy ounce.

EUR/SAR was up 1.22% to 3.81, while USD/SAR unchanged 0.03% to 3.76.

The US Dollar Index Futures was down 1.61% at 108.68.


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