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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.85%

Published 2015-08-18, 09:15 a/m
Updated 2015-08-18, 09:15 a/m
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.85%

© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.85%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Hotels & Tourism, Insurance and Industrial Investment sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 2.85% to hit a new 6-months low.

The best performers of the session on the Tadawul All Share were Banque Saudi Fransi (SE:1050), which rose 0.91% or 0.30 points to trade at 33.20 at the close. Meanwhile, Dallah Healthcare Holding Company (SE:4004) added 0.64% or 0.76 points to end at 119.00 and Arabian Pipes Company (SE:2200) was up 0.42% or 0.08 points to 18.95 in late trade.

The worst performers of the session were BURUJ COOPERATIVE INSURANCE CO (SE:8270), which fell 10.00% or 2.50 points to trade at 22.50 at the close. ACE ARABIA COOPERATIVE INSURANCE (SE:8240) declined 9.99% or 6.99 points to end at 63.00 and Takween Advanced Industries (SE:1201) was down 9.98% or 5.32 points to 48.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 161 to 5.

Crude oil for October delivery was up 0.35% or 0.15 to $42.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.26% or 0.12 to hit $48.62 a barrel, while the December Gold contract fell 0.33% or 3.70 to trade at $1114.70 a troy ounce.

EUR/SAR was down 0.41% to 4.1396, while USD/SAR fell 0.00% to 3.7514.

The US Dollar Index was up 0.18% at 97.01.

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