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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.86%

Published 2016-10-18, 09:15 a/m
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.86%
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Investing.com – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Media & Publishing, Building & Construction and Transport sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.86%.

The biggest gainers of the session on the Tadawul All Share were National Medical Care Company (SE:4005), which rose 3.23% or 2.00 points to trade at 64.00 at the close. Bupa Arabia for Coop. Insurance (SE:8210) added 2.75% or 3.00 points to end at 112.00 and National Gas & Industrialization Co (SE:2080) was up 2.40% or 0.60 points to 25.60 in late trade.

Biggest losers included National Industrialization Co (SE:2060), which lost 10.26% or 1.40 points to trade at 12.25 in late trade. Al Hokair Group (SE:1820) declined 9.85% or 2.65 points to end at 24.25 and Fawaz Abdulaziz AlHokair Company (SE:4240) shed 9.48% or 2.30 points to 21.95.

Declining stocks outnumbered rising ones by 152 to 14 and 3 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.00% or 0.50 to $50.44 a barrel. Meanwhile, Brent oil for delivery in December rose 0.89% or 0.46 to hit $51.98 a barrel, while the December Gold contract rose 0.35% or 4.35 to trade at $1260.95 a troy ounce.

EUR/SAR was down 0.14% to 4.1203, while USD/SAR rose 0.02% to 3.7515.

The US Dollar Index was down 0.04% at 97.82.

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