Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.36%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.36%

Apr 14, 2019

Saudi Arabia stocks were lower after the close on Sunday, as losses in the Media&Publishing, Financial Services and Retail sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.36%.

The best performers of the session on the Tadawul All Share were ACE ARABIA COOPERATIVE INSURANCE (SE:8240), which rose 7.22% or 1.90 points to trade at 28.20 at the close. Meanwhile, Aldrees Petroleum&Transport Svcs (SE:4200) added 5.23% or 1.50 points to end at 30.20 and AXA Cooperative Insurance Company (SE:8250) was up 4.23% or 1.10 points to 27.10 in late trade.

The worst performers of the session were Allied Cooperative Insurance Group SJSC (SE:8150), which fell 5.92% or 1.26 points to trade at 20.02 at the close. Al Baha Investment and Development Company SJSC (SE:4130) declined 3.50% or 0.74 points to end at 20.40 and BANK ALBILAD (SE:1140) was down 2.45% or 0.65 points to 25.90.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 90 to 84 and 17 ended unchanged.

Shares in ACE ARABIA COOPERATIVE INSURANCE (SE:8240) rose to 52-week highs; rising 7.22% or 1.90 to 28.20.

Crude oil for May delivery was up 0.35% or 0.22 to $63.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.97% or 0.69 to hit $71.52 a barrel, while the June Gold Futures contract rose 0.03% or 0.35 to trade at $1293.65 a troy ounce.

EUR/SAR was up 0.44% to 4.2375, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was down 0.26% at 96.560.

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