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Saudi Arabia Tadawul down 1.55% to hit new 3-months low

byCustoms Today Report
08/08/2015
in Latest News
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RIYADH: Saudi Arabia stocks were lower after the close on Thursday, as losses in the Multi Investment, Transport and Industrial Investment sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.55% to hit a new 3-months low.

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The best performers of the session on the Tadawul All Share were Alinma Tokio Marine Co (SE:8312), which rose 9.96% or 2.50 points to trade at 27.60 at the close. Meanwhile, Saudi Hollandi Bank (SE:1040) added 1.33% or 0.59 points to end at 45.00 and Bupa Arabia for Coop. Insurance (SE:8210) was up 0.61% or 1.54 points to 254.00 in late trade.

The worst performers of the session were Salama Cooperative Insurance Co (SE:8050), which fell 5.11% or 0.85 points to trade at 15.80 at the close. National Medical Care Company (SE:4005) declined 4.78% or 3.21 points to end at 64.00 and National Petrochemical Company (SE:2002) was down 4.30% or 1.02 points to 22.70.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 153 to 13.

Crude oil for September delivery was down 1.20% or 0.54 to $44.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.45% or 0.23 to hit $49.37 a barrel, while the December Gold contract rose 0.05% or 0.50 to trade at $1086.10 a troy ounce.

EUR/SAR was down 0.22% to 4.0813, while USD/SAR fell 0.01% to 3.7508.

The US Dollar Index was up 0.22% at 98.19.

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