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Saudi Tadawul downs 0.81% to end at 172pts

byCustoms Today Report
22/05/2015
in Uncategorized
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RIYADH: Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Energy & Utilities, Industrial Investment and Hotels & Tourism sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.81%.

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The best performers of the session on the Tadawul All Share were Al-Ahsa Development Co. (SE:2140), which rose 3.13% or 0.50 points to trade at 16.50 at the close. Meanwhile, Saudi Airlines Catering Company (SE:6004) added 1.90% or 3.20 points to end at 172.00 and Saudi Industrial Export Co (SE:4140) was up 1.85% or 1.01 points to 55.50 in late trade.

The worst performers of the session were Saudi Chemical Company (SE:2230), which fell 3.70% or 3.10 points to trade at 80.75 at the close. SABB Takaful (SE:8080) declined 3.68% or 1.71 points to end at 44.70 and Bawan (SE:1302) was down 3.65% or 2.02 points to 53.25.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 124 to 39.

Crude oil for July delivery was up 1.17% or 0.68 to $58.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.44% or 0.93 to hit $64.94 a barrel, while the June Gold contract rose 0.35% or 4.20 to trade at $1210.90 a troy ounce.

The US Dollar Index was up 0.22% at 95.58.

Tags: SABB TakafulSaudi Industrial ExportSaudi Tadawul

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