Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.28%

Source Investing

Investing.com – Saudi Arabia equities were lower at the close on Monday, as losses in the Media&Publishing, Building&Construction and Industrial Investment sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.28%.

The biggest gainers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which rose 5.88% or 0.01 points to trade at 0.18 at the close. Riyadh Cement Co (TADAWUL:3092) added 4.48% or 1.15 points to end at 26.80 and Rasan Information Technology (TADAWUL:8313) was up 4.32% or 2.50 points to 60.40 in late trade.

Biggest losers included Saudi Fisheries Co. (TADAWUL:6050), which lost 5.33% or 1.35 points to trade at 24.00 in late trade. Saudi Arabian Cooperative Insurance (TADAWUL:8100) declined 4.61% or 0.86 points to end at 17.80 and The Mediterranean&Gulf Insurance Co (TADAWUL:8030) shed 4.06% or 1.05 points to 24.80.

Declining stocks outnumbered rising ones by 195 to 100 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.28% or 0.87 to $68.62 a barrel. Meanwhile, Brent oil for delivery in November rose 1.16% or 0.83 to hit $72.44 a barrel, while the December Gold Futures contract fell 0.11% or 2.90 to trade at $2,607.80 a troy ounce.

EUR/SAR was up 0.46% to 4.18, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.39% at 100.39.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Will the Fed's Rate Cut Cycle Spark Global Assets Rally?Insights - On September 18, the Federal Reserve will announce its rate decision. Following signals of a potential rate cut from Powell, the market has fully priced in a 100% chance of a rate cut, wi
Author  Mitrade
13 hour ago
Insights - On September 18, the Federal Reserve will announce its rate decision. Following signals of a potential rate cut from Powell, the market has fully priced in a 100% chance of a rate cut, wi
placeholder
Bitcoin Price Bounces Back, But Can It Sustain Above $60K?Bitcoin price started another increase above the $58,500 resistance. BTC is back above $60,000 and again struggling to continue higher. Bitcoin is correcting gains from the $61,200 resistance zone.
Author  NewsBTC
17 hour ago
Bitcoin price started another increase above the $58,500 resistance. BTC is back above $60,000 and again struggling to continue higher. Bitcoin is correcting gains from the $61,200 resistance zone.
placeholder
Fed's 50 Basis Point Rate Cut Expectations Heat UpInsights - Nick Timiraos, a spokesperson for the Federal Reserve, recently indicated a dovish outlook, leading the market to expect a 65% probability of a 50 basis point rate cut in September. Analy
Author  Mitrade
17 hour ago
Insights - Nick Timiraos, a spokesperson for the Federal Reserve, recently indicated a dovish outlook, leading the market to expect a 65% probability of a 50 basis point rate cut in September. Analy
placeholder
EUR/USD gathers strength above 1.1100, Eurozone inflation data and Fed rate decision in focusThe EUR/USD pair trades on a stronger note around 1.1125 during the Asian trading hours on Wednesday.
Author  FXStreet
17 hour ago
The EUR/USD pair trades on a stronger note around 1.1125 during the Asian trading hours on Wednesday.
placeholder
Gold price remains close to record high, awaits pivotal Fed decision before the next leg upGold price (XAU/USD) witnessed a modest pullback from the vicinity of the record high, around the $2,589-2,590 area touched the previous day, and ended in the red for the first time in the last four days on Tuesday.
Author  FXStreet
17 hour ago
Gold price (XAU/USD) witnessed a modest pullback from the vicinity of the record high, around the $2,589-2,590 area touched the previous day, and ended in the red for the first time in the last four days on Tuesday.
goTop
quote