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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.60%

Published 26/12/2018, 12:15 am
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.60%
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Investing.com – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Media & Publishing, Cement and Insurance sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.60%.

The biggest gainers of the session on the Tadawul All Share were Riyad Bank (SE:1010), which rose 8.19% or 1.48 points to trade at 19.54 at the close. National Agriculture Marketing Co. (SE:4160) added 7.21% or 1.85 points to end at 27.50 and Saudi Enaya Cooperative Insurance (SE:8311) was up 4.48% or 1.04 points to 24.24 in late trade.

Biggest losers included Arabia Insurance Cooperative Co (SE:8160), which lost 5.91% or 1.04 points to trade at 16.56 in late trade. Al Alamiya Cooperative Insurance (SE:8280) declined 4.91% or 1.55 points to end at 30.00 and Allianz Saudi Fransi Cooperative Insurance Company (SE:8040) shed 4.72% or 1.50 points to 30.30.

Declining stocks outnumbered rising ones by 153 to 25 and 10 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 6.34% or 2.89 to $42.70 a barrel. Meanwhile, Brent oil for delivery in March fell 6.23% or 3.37 to hit $50.73 a barrel, while the February Gold Futures contract rose 1.14% or 14.40 to trade at $1272.50 a troy ounce.

EUR/SAR was unchanged 0.00% to 4.2759, while USD/SAR fell 0.01% to 3.7519.

The US Dollar Index Futures was down 0.46% at 96.010.

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