Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Telecoms & IT, Insurance and Petrochemicals sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 0.58% to hit a new 3-months low.
The best performers of the session on the Tadawul All Share were Saudi Printing & Packaging Company (SE:4270), which rose 3.71% or 0.65 points to trade at 18.15 at the close. Meanwhile, BANK ALBILAD (SE:1140) added 2.88% or 0.87 points to end at 31.10 and Etihad Atheeb Telecommunication (SE:7040) was up 2.65% or 0.16 points to 6.20 in late trade.
The worst performers of the session were The Mediterranean&Gulf Insurance Co (SE:8030), which fell 5.41% or 1.90 points to trade at 33.20 at the close. Etihad Etisalat Co (SE:7020) declined 3.14% or 0.98 points to end at 30.20 and Astra Industrial Group (SE:1212) was down 2.70% or 0.79 points to 28.50.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 106 to 60.
Shares in Etihad Etisalat Co (SE:7020) fell to 5-year lows; falling 3.14% or 0.98 to 30.20.
Crude oil for September delivery was up 1.17% or 0.53 to $45.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.22% or 0.60 to hit $50.12 a barrel, while the December Gold contract rose 0.17% or 1.80 to trade at $1091.20 a troy ounce.
EUR/SAR was up 0.10% to 4.1110, while USD/SAR fell 0.01% to 3.7500.
The US Dollar Index was down 0.12% at 97.48.