Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Media & Publishing, Hotels & Tourism and Insurance sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share fell 2.95%.
The best performers of the session on the Tadawul All Share were Saudi Telecom (SE:7010), which rose 0.39% or 0.25 points to trade at 63.75 at the close. Meanwhile, Saudi Arabian Mining Company (SE:1211) added 0.34% or 0.10 points to end at 29.80 and Jabal Omar Development Company (SE:4250) was unchanged 0.00% or 0.00 points to 45.90 in late trade.
The worst performers of the session were The Mediterranean&Gulf Insurance Co (SE:8030), which fell 10.47% or 1.80 points to trade at 15.40 at the close. Saudi Research and Marketing Group (SE:4210) declined 10.34% or 4.60 points to end at 39.90 and Saudi Printing & Packaging Company (SE:4270) was down 10.26% or 2.20 points to 19.25.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 162 to 2 and 3 ended unchanged.
Shares in The Mediterranean&Gulf Insurance Co (SE:8030) fell to 5-year lows; down 10.47% or 1.80 to 15.40.
Crude oil for March delivery was down 2.90% or 0.80 to $26.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 1.90% or 0.58 to hit $30.25 a barrel, while the April Gold contract rose 3.70% or 44.20 to trade at $1238.80 a troy ounce.
EUR/SAR was up 0.49% to 4.2567, while USD/SAR fell 0.01% to 3.7504.
The US Dollar Index was down 0.28% at 95.58.