Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.27%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.27%

Oct 21, 2019

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

At the close in Saudi Arabia, the Tadawul All Share declined 0.27%.

The best performers of the session on the Tadawul All Share were Saudi Enaya Cooperative Insurance (SE:8311), which rose 9.95% or 0.88 points to trade at 9.72 at the close. Meanwhile, Amana Cooperative Insurance Co (SE:8310) added 9.58% or 1.00 points to end at 11.44 and Al-Ahlia Insurance Company (SE:8140) was up 6.32% or 0.72 points to 12.12 in late trade.

The worst performers of the session were Yanbu National Petrochemical Co (SE:2290), which fell 3.56% or 1.90 points to trade at 51.50 at the close. Tabuk Cement Co. (SE:3090) declined 3.27% or 0.50 points to end at 14.78 and Riyad Bank (SE:1010) was down 2.48% or 0.54 points to 21.26.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 97 to 85 and 15 ended unchanged.

Crude oil for December delivery was down 1.21% or 0.65 to $53.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.53% or 0.91 to hit $58.51 a barrel, while the December Gold Futures contract rose 0.10% or 1.50 to trade at $1495.60 a troy ounce.

EUR/SAR was up 0.16% to 4.1863, while USD/SAR rose 0.02% to 3.7508.

The US Dollar Index Futures was down 0.06% at 96.950.

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