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Saudi Arabia Tadawul decline 2.53% to hit new 6-months low

byCustoms Today Report
18/08/2015
in Latest News
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RIYADH: Saudi Arabia stocks were lower after the close on Sunday, as losses in the Transport, Real Estate Development and Building & Construction sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 2.53% to hit a new 6-months low.

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The best performers of the session on the Tadawul All Share were Bupa Arabia for Coop. Insurance (SE:8210), which rose 2.11% or 5.48 points to trade at 265.50 at the close. Meanwhile, ALABDULLATIF CO. (SE:2340) added 0.96% or 0.36 points to end at 38.00 and Mouwasat Medical Services Company (SE:4002) was up 0.76% or 1.08 points to 143.00 in late trade.

The worst performers of the session were Takween Advanced Industries (SE:1201), which fell 9.62% or 6.20 points to trade at 58.25 at the close. Saudi Transport & Investment Co (SE:4110) declined 9.44% or 6.31 points to end at 60.50 and AL-BABTAIN POWER &TELECOM CO (SE:2320) was down 9.00% or 3.65 points to 36.90.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 159 to 7.

Crude oil for September delivery was down 0.24% or 0.10 to $42.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.81% or 0.90 to hit $48.73 a barrel, while the December Gold contract fell 0.13% or 1.40 to trade at $1114.20 a troy ounce.

EUR/SAR was down 0.36% to 4.1668, while USD/SAR fell 0.00% to 3.7503.

The US Dollar Index was up 0.25% at 96.61.

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