Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.05%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.05%

Sep 15, 2019

Saudi Arabia stocks were lower after the close on Sunday, as losses in the Petrochemicals, Energy&Utilities and Media&Publishing sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.05% to hit a new 6-months low.

The best performers of the session on the Tadawul All Share were Basic Chemical Industries Co (SE:1210), which rose 2.93% or 0.60 points to trade at 21.10 at the close. Meanwhile, Arabian Pipes Company (SE:2200) added 2.23% or 0.26 points to end at 11.94 and Dur Hospitality (SE:4010) was up 2.05% or 0.40 points to 19.88 in late trade.

The worst performers of the session were Rabigh Refining&Petrochemical Co (SE:2380), which fell 4.22% or 0.82 points to trade at 18.60 at the close. National Petrochemical Company (SE:2002) declined 4.02% or 0.94 points to end at 22.46 and Trade Union Cooperative Insurance (SE:8170) was down 3.51% or 0.48 points to 13.18.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 144 to 40 and 11 ended unchanged.

Crude oil for November delivery was unchanged 0.00% or 0.00 to $54.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.38% or 0.23 to hit $60.15 a barrel, while the December Gold Futures contract fell 0.76% or 11.40 to trade at $1496.00 a troy ounce.

EUR/SAR was up 0.12% to 4.1544, while USD/SAR rose 0.01% to 3.7515.

The US Dollar Index Futures was unchanged 0.00% at 97.830.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now