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Home International Markets

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.28%

byCT Report
28/08/2017
in International Markets
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RIYADH: Saudi Arabia stocks were lower after the close on Sunday, as losses in the Petrochemicals, Multi Investment and Media & Publishing sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share fell 0.28%. The best performers of the session on the Tadawul All Share were Malath Cooperative Insurance Co (SE:8020), which rose 5.00% or 1.10 points to trade at 23.08 at the close. Meanwhile, The Mediterranean&Gulf Insurance Co (SE:8030) added 4.23% or 0.52 points to end at 12.82 and Alinma Tokio Marine Co (SE:8312) was up 3.05% or 0.74 points to 25.00 in late trade.

The worst performers of the session were Tourism Enterprise Co. (SE:4170), which fell 2.45% or 0.75 points to trade at 29.80 at the close. Filing & Packing Materials Co. (SE:2180) declined 2.30% or 0.80 points to end at 34.00 and United Electronics Company (SE:4003) was down 2.28% or 1.05 points to 45.05. Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 107 to 60 and 9 ended unchanged.

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Crude oil for October delivery was up 0.93% or 0.44 to $47.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November unchanged 0.00% or 0.00 to hit $51.98 a barrel, while the December Gold Futures contract rose 0.30% or 3.92 to trade at $1295.92 a troy ounce. EUR/SAR was up 1.10% to 4.4738, while USD/SAR rose 0.05% to 3.7516 The US Dollar Index Futures was down 0.82% at 92.47.

Tags: Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.28%

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