Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.18%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Cement, Industrial Investment and Real Estate Development sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.18%.

The best performers of the session on the Tadawul All Share were Saudi Printing&Packaging Company (TADAWUL:4270), which rose 9.94% or 1.74 points to trade at 19.24 at the close. Meanwhile, Tabuk Agriculture Development Co (TADAWUL:6040) added 9.91% or 1.82 points to end at 20.18 and National Medical Care Company (TADAWUL:4005) was up 5.43% or 3.80 points to 73.80 in late trade.

The worst performers of the session were Rabigh Refining&Petrochemical Co (TADAWUL:2380), which fell 9.97% or 1.36 points to trade at 12.28 at the close. Saudi Arabian Mining Company (TADAWUL:1211) declined 9.92% or 8.30 points to end at 75.40 and Middle East Paper Co (TADAWUL:1202) was down 7.87% or 4.10 points to 48.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 181 to 60 and 5 ended unchanged.

Shares in Rabigh Refining&Petrochemical Co (TADAWUL:2380) fell to 52-week lows; down 9.97% or 1.36 to 12.28.

Crude oil for December delivery was up 1.87% or 1.62 to $88.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.64% or 1.52 to hit $94.33 a barrel, while the December Gold Futures contract rose 0.40% or 6.55 to trade at $1,647.25 a troy ounce.

EUR/SAR was up 0.24% to 3.72, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was down 0.21% at 111.19.