Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.17%

Investing.com – Saudi Arabia equities were lower at the close on Thursday, as losses in the Energy&Utilities, Telecoms&IT and Retail sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.17% to hit a new 1-month low.

The biggest gainers of the session on the Tadawul All Share were Saudi Cable Company (TADAWUL:2110), which rose 5.10% or 4.50 points to trade at 92.70 at the close. Shatirah House Restaurant Co (TADAWUL:6016) added 3.75% or 0.76 points to end at 21.00 and Arabian Mills for Food Products (TADAWUL:2285) was up 3.08% or 1.60 points to 53.60 in late trade.

Biggest losers included Saudi Chemical Company (TADAWUL:2230), which lost 4.94% or 0.52 points to trade at 10.00 in late trade. Alkhaleej Training&Education Co (TADAWUL:4290) declined 4.90% or 1.50 points to end at 29.10 and Red Sea Housing Services Company (TADAWUL:4230) shed 4.84% or 3.50 points to 68.80.

Declining stocks outnumbered rising ones by 230 to 84 and 14 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.50% or 0.34 to $68.77 a barrel. Meanwhile, Brent oil for delivery in January rose 0.50% or 0.36 to hit $72.64 a barrel, while the December Gold Futures contract fell 1.21% or 31.30 to trade at $2,555.20 a troy ounce.

EUR/SAR was down 0.27% to 3.96, while USD/SAR unchanged 0.04% to 3.76.

The US Dollar Index Futures was up 0.28% at 106.67.