Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.62%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.62%

May 01, 2018

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Energy&Utilities, Transport and Agriculture&Food sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.62%.

The best performers of the session on the Tadawul All Share were Al Sagr Co-operative Insurance Co (SE:8180), which rose 7.00% or 1.71 points to trade at 26.15 at the close. Meanwhile, ACE ARABIA COOPERATIVE INSURANCE (SE:8240) added 5.73% or 1.35 points to end at 24.90 and Rabigh Refining&Petrochemical Co (SE:2380) was up 5.68% or 1.55 points to 28.85 in late trade.

The worst performers of the session were Saudi Ceramic Co. (SE:2040), which fell 4.62% or 1.10 points to trade at 22.70 at the close. United Int Transportation Company (SE:4260) declined 4.02% or 1.50 points to end at 35.85 and Saudi Marke (SE:4006) was down 3.44% or 0.85 points to 23.86.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 114 to 60 and 14 ended unchanged.

Crude oil for June delivery was down 0.79% or 0.54 to $68.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.71% or 0.53 to hit $74.16 a barrel, while the June Gold Futures contract fell 0.80% or 10.50 to trade at $1308.70 a troy ounce.

EUR/SAR was down 0.11% to 4.5254, while USD/SAR rose 0.36% to 3.7636.

The US Dollar Index Futures was up 0.46% at 92.05.

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