Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.16%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.16%

Apr 20, 2020

Saudi Arabia stocks were lower after the close on Monday, as losses in the Cement, Transport and Financial Services sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.16%.

The best performers of the session on the Tadawul All Share were Ash-Sharqiyah Development Company (SE:6060), which rose 9.82% or 4.90 points to trade at 54.80 at the close. Meanwhile, The Company for Coop. Insurance (SE:8010) added 4.67% or 3.00 points to end at 67.30 and Al-Jouf Agriculture Development Co (SE:6070) was up 4.57% or 0.98 points to 22.44 in late trade.

The worst performers of the session were Wataniya Insurance Company (SE:8300), which fell 4.76% or 1.08 points to trade at 21.60 at the close. Arabian Cement Co (SE:3010) declined 4.50% or 1.16 points to end at 24.64 and Arriyadh Development Co. (SE:4150) was down 4.49% or 0.62 points to 13.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 114 to 74 and 11 ended unchanged.

Crude oil for June delivery was down 8.03% or 2.01 to $23.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 4.42% or 1.24 to hit $26.84 a barrel, while the June Gold Futures contract rose 0.09% or 1.45 to trade at $1700.25 a troy ounce.

EUR/SAR was down 0.00% to 4.0793, while USD/SAR fell 0.07% to 3.7525.

The US Dollar Index Futures was up 0.11% at 99.945.

Join Libertex!

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

Register
or start live trading now