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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.57%

Published 05/03/2018, 12:15 am
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.57%
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6050
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6004
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Investing.com – Saudi Arabia equities were lower at the close on Sunday, as losses in the Multi Investment, Insurance and Real Estate Development sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.57%.

The biggest gainers of the session on the Tadawul All Share were Saudi Fisheries Co. (SE:6050), which rose 9.98% or 2.88 points to trade at 31.75 at the close. Saudi Company for Hardware (SE:4008) added 6.30% or 7.05 points to end at 119.00 and Middle East Specialized Cables Co (SE:2370) was up 4.12% or 0.32 points to 8.08 in late trade.

Biggest losers included Musharaka REIT (SE:4335), which lost 5.07% or 0.49 points to trade at 9.18 in late trade. Saudi Airlines Catering Company (SE:6004) declined 4.71% or 3.99 points to end at 80.70 and Saudi Ceramic Co. (SE:2040) shed 4.54% or 1.13 points to 23.78.

Declining stocks outnumbered rising ones by 117 to 65 and 4 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for April delivery was up 0.79% or 0.48 to $61.47 a barrel. Meanwhile, Brent oil for delivery in May rose 1.13% or 0.72 to hit $64.55 a barrel, while the April Gold Futures contract rose 1.42% or 18.50 to trade at $1323.70 a troy ounce.

EUR/SAR was up 0.42% to 4.6199, while USD/SAR fell 0.01% to 3.7501.

The US Dollar Index Futures was down 0.30% at 89.95.

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