Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.37%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Petrochemicals, Cement and Financial Services sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.37%.

The best performers of the session on the Tadawul All Share were Gulf Insurance Group (TADAWUL:8250), which rose 9.87% or 2.70 points to trade at 30.05 at the close. Meanwhile, MBC Group CJSC (TADAWUL:4072) added 9.84% or 4.90 points to end at 54.70 and Middle East Healthcare Co CJSC (TADAWUL:4009) was up 8.07% or 7.30 points to 97.80 in late trade.

The worst performers of the session were Ataa Educational Co (TADAWUL:4292), which fell 4.36% or 3.40 points to trade at 74.60 at the close. Savola Group (TADAWUL:2050) declined 3.40% or 1.60 points to end at 45.50 and Saudi Kayan Petrochemical Company (TADAWUL:2350) was down 3.28% or 0.34 points to 10.04.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 156 to 123 and 19 ended unchanged.

Shares in MBC Group CJSC (TADAWUL:4072) rose to all time highs; gaining 9.84% or 4.90 to 54.70. Shares in Middle East Healthcare Co CJSC (TADAWUL:4009) rose to all time highs; up 8.07% or 7.30 to 97.80. Shares in Saudi Kayan Petrochemical Company (TADAWUL:2350) fell to 3-years lows; falling 3.28% or 0.34 to 10.04.

Crude oil for March delivery was up 0.49% or 0.36 to $73.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.86% or 0.67 to hit $78.82 a barrel, while the February Gold Futures contract fell 0.48% or 9.75 to trade at $2,041.85 a troy ounce.

EUR/SAR was down 0.60% to 4.08, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.79% at 102.96.