Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.14%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Retail, Telecoms&IT and Building&Construction sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.14%.

The best performers of the session on the Tadawul All Share were Middle East Healthcare Co CJSC (TADAWUL:4009), which rose 9.03% or 2.65 points to trade at 32.00 at the close. Meanwhile, AXA Cooperative Insurance Company SJSC (TADAWUL:8250) added 7.39% or 1.90 points to end at 27.60 and AYYAN Investment Co SJSC (TADAWUL:2140) was up 4.67% or 0.82 points to 18.38 in late trade.

The worst performers of the session were Al Hokair Group (TADAWUL:1820), which fell 6.30% or 1.36 points to trade at 20.22 at the close. Umm Al-Qura (TADAWUL:3005) declined 3.70% or 0.72 points to end at 18.76 and United Electronics Company (TADAWUL:4003) was down 3.42% or 2.90 points to 81.90.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 123 to 109 and 14 ended unchanged.

Shares in Al Hokair Group (TADAWUL:1820) fell to all time lows; down 6.30% or 1.36 to 20.22. Shares in Umm Al-Qura (TADAWUL:3005) fell to 52-week lows; falling 3.70% or 0.72 to 18.76. Shares in United Electronics Company (TADAWUL:4003) fell to 52-week lows; losing 3.42% or 2.90 to 81.90.

Crude oil for November delivery was down 2.40% or 2.19 to $88.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 2.15% or 2.07 to hit $94.12 a barrel, while the December Gold Futures contract fell 0.08% or 1.35 to trade at $1,673.85 a troy ounce.

EUR/SAR was unchanged 0.05% to 3.65, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was up 0.04% at 113.12.