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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.32%

Published 17/08/2015, 11:15 pm
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.32%
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8240
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Investing.com – Saudi Arabia stocks were lower after the close on Monday, as losses in the Telecoms & IT, Multi Investment and Media & Publishing sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.32% to hit a new 6-months low.

The best performers of the session on the Tadawul All Share were Tabuk Cement Co. (SE:3090), which rose 8.25% or 1.75 points to trade at 22.95 at the close. Meanwhile, Aldrees Petroleum & Transport Svcs (SE:4200) added 2.69% or 1.55 points to end at 59.25 and Saudi Hollandi Bank (SE:1040) was up 2.27% or 1.00 points to 45.00 in late trade.

The worst performers of the session were ACE ARABIA COOPERATIVE INSURANCE (SE:8240), which fell 9.54% or 7.20 points to trade at 68.25 at the close. AXA Cooperative Insurance Company (SE:8250) declined 9.41% or 2.17 points to end at 20.90 and Takween Advanced Industries (SE:1201) was down 8.58% or 5.00 points to 53.25.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 125 to 41.

Crude oil for October delivery was down 0.72% or 0.31 to $42.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.13% or 0.07 to hit $49.26 a barrel, while the December Gold contract rose 0.57% or 6.30 to trade at $1119.00 a troy ounce.

EUR/SAR was up 0.06% to 4.1695, while USD/SAR rose 0.02% to 3.7511.

The US Dollar Index was down 0.01% at 96.60.

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