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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.21%

Published 28/04/2016, 11:15 pm
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.21%
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2230
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Investing.com – Saudi Arabia equities were lower at the close on Thursday, as losses in the Real Estate Development, Media & Publishing and Insurance sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.21%.

The biggest gainers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication (SE:7040), which rose 9.76% or 0.40 points to trade at 4.50 at the close. Saudi Advanced Industries Co. (SE:2120) added 5.68% or 0.65 points to end at 12.10 and Saudi Chemical Company (SE:2230) was up 4.89% or 2.30 points to 49.30 in late trade.

Biggest losers included Arabia Insurance Cooperative Co (SE:8160), which lost 8.72% or 0.95 points to trade at 9.95 in late trade. Saudi Indian Company Insurance (SE:8110) declined 7.60% or 1.60 points to end at 19.45 and Solidarity Saudi Takaful Co (SE:8290) shed 7.39% or 0.75 points to 9.40.

Declining stocks outnumbered rising ones by 88 to 63 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.04% or 0.02 to $45.31 a barrel. Meanwhile, Brent oil for delivery in July fell 0.02% or 0.01 to hit $46.92 a barrel, while the June Gold contract rose 0.63% or 7.85 to trade at $1258.25 a troy ounce.

EUR/SAR was up 0.18% to 4.2533, while USD/SAR fell 0.01% to 3.7504.

The US Dollar Index was down 0.49% at 93.92.

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