Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.05%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.05%

Mar 30, 2020

Saudi Arabia stocks were lower after the close on Monday, as losses in the Financial Services, Energy&Utilities and Telecoms&IT sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.05%.

The best performers of the session on the Tadawul All Share were Wataniya Insurance Company (SE:8300), which rose 9.99% or 2.00 points to trade at 22.02 at the close. Meanwhile, Saudi Industrial Export Co (SE:4140) added 9.90% or 3.95 points to end at 43.85 and Al Alamiya Cooperative Insurance (SE:8280) was up 9.52% or 1.38 points to 15.88 in late trade.

The worst performers of the session were Taleem REIT Fund (SE:4333), which fell 4.18% or 0.46 points to trade at 10.54 at the close. Ash-Sharqiyah Development Company (SE:6060) declined 2.75% or 1.40 points to end at 49.50 and Saudi Arabia Fertilizers Co. (SE:2020) was down 2.40% or 1.50 points to 61.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 125 to 61 and 13 ended unchanged.

Crude oil for May delivery was down 6.28% or 1.35 to $20.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 7.30% or 2.04 to hit $25.91 a barrel, while the June Gold Futures contract fell 0.37% or 6.20 to trade at $1647.90 a troy ounce.

EUR/SAR was down 0.95% to 4.1429, while USD/SAR rose 0.03% to 3.7570.

The US Dollar Index Futures was up 0.74% at 99.265.

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