Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.54%

This post was originally published on this site
© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.54%© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.54% – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the declined 0.54% to hit a new 1-month low.

The best performers of the session on the were Ash-Sharqiyah Development Company (SE:), which rose 9.91% or 6.40 points to trade at 71.00 at the close. Meanwhile, Al-Jouf Agriculture Development Co (SE:) added 9.39% or 2.18 points to end at 25.40 and National Company for Learning and Education SJSC (SE:) was up 8.12% or 2.35 points to 31.30 in late trade.

The worst performers of the session were Saudi Cable Company (SE:), which fell 9.91% or 1.68 points to trade at 15.28 at the close. AL JOUF CEMENT COMPANY (SE:) declined 5.65% or 0.62 points to end at 10.36 and Al Sorayai Trading&Industrial Group (SE:) was down 3.70% or 0.70 points to 18.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 109 to 77 and 13 ended unchanged.

Shares in Ash-Sharqiyah Development Company (SE:) rose to 3-years highs; up 9.91% or 6.40 to 71.00. Shares in Saudi Cable Company (SE:) fell to 3-years lows; losing 9.91% or 1.68 to 15.28. Shares in Al-Jouf Agriculture Development Co (SE:) rose to 52-week highs; rising 9.39% or 2.18 to 25.40. Shares in National Company for Learning and Education SJSC (SE:) rose to all time highs; up 8.12% or 2.35 to 31.30.

Crude oil for March delivery was up 2.54% or 1.26 to $50.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 2.59% or 1.40 to hit $55.36 a barrel, while the April Gold Futures contract rose 0.28% or 4.35 to trade at $1559.85 a troy ounce.

EUR/SAR was down 0.30% to 4.1303, while USD/SAR unchanged 0.00% to 3.7516.

The US Dollar Index Futures was up 0.26% at 98.060.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment