Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.46%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.46%

Jul 18, 2019

Saudi Arabia stocks were lower after the close on Thursday, as losses in the Telecoms&IT, Media&Publishing and Agriculture&Food sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.46%.

The best performers of the session on the Tadawul All Share were Arabian Centres Co (SE:4321), which rose 6.47% or 1.75 points to trade at 28.80 at the close. Meanwhile, Eastern Province Cement Co. (SE:3080) added 2.82% or 0.90 points to end at 32.80 and Arabia Insurance Cooperative Co (SE:8160) was up 2.22% or 0.42 points to 19.32 in late trade.

The worst performers of the session were Jadwa REIT Al Haramain Fund (SE:4332), which fell 3.35% or 0.28 points to trade at 8.07 at the close. Etihad Etisalat Co (SE:7020) declined 3.00% or 0.80 points to end at 25.85 and Saudi Industrial Export Co (SE:4140) was down 2.69% or 2.10 points to 76.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 116 to 64 and 15 ended unchanged.

Shares in Arabian Centres Co (SE:4321) rose to all time highs; gaining 6.47% or 1.75 to 28.80. Shares in Eastern Province Cement Co. (SE:3080) rose to 52-week highs; gaining 2.82% or 0.90 to 32.80.

Crude oil for August delivery was down 1.67% or 0.95 to $55.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.56% or 0.99 to hit $62.67 a barrel, while the August Gold Futures contract fell 0.04% or 0.55 to trade at $1422.75 a troy ounce.

EUR/SAR was up 0.01% to 4.2093, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was down 0.01% at 96.843.

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