🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Saudi Arabia shares lower at close of trade; Tadawul All Share down 3.07%

Published 2016-05-23, 09:15 a/m
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 3.07%
TISII
-
TASI
-
TCSI
-
TMDI
-
8060
-
8100
-
8140
-
1090
-
1210
-
3030
-

Investing.com – Saudi Arabia equities were lower at the close on Monday, as losses in the Media & Publishing, Hotels & Tourism and Insurance sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 3.07% to hit a new 1-month low.

The biggest gainers of the session on the Tadawul All Share were Basic Chemical Industries Co (SE:1210), which rose 0.74% or 0.20 points to trade at 27.10 at the close. Saudi Cement Company (SE:3030) fell 0.40% or 0.25 points to end at 62.50 and Samba Financial Group (SE:1090) was down 0.46% or 0.10 points to 21.60 in late trade.

Biggest losers included Saudi United Cooperative Insurance (SE:8060), which lost 10.48% or 1.30 points to trade at 11.10 in late trade. Saudi Arabian Cooperative Insurance (SE:8100) declined 10.21% or 1.70 points to end at 14.95 and Al-Ahlia Insurance Company (SE:8140) shed 10.12% or 0.85 points to 7.55.

Declining stocks outnumbered rising ones by 167 to 1 on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.61% or 0.78 to $47.63 a barrel. Meanwhile, Brent oil for delivery in July fell 1.66% or 0.81 to hit $47.91 a barrel, while the June Gold contract fell 0.50% or 6.25 to trade at $1246.65 a troy ounce.

EUR/SAR was down 0.13% to 4.1985, while USD/SAR fell 0.03% to 3.7502.

The US Dollar Index was up 0.16% at 95.44.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.