Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.86%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Industrial Investment, Media&Publishing and Financial Services sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.86%.

The best performers of the session on the Tadawul All Share were MBC Group CJSC (TADAWUL:4072), which rose 9.98% or 6.00 points to trade at 66.10 at the close. Meanwhile, Middle East Paper Co (TADAWUL:1202) added 6.63% or 2.45 points to end at 39.40 and AYYAN Investment Co SJSC (TADAWUL:2140) was up 5.21% or 0.88 points to 17.78 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which fell 6.67% or 0.01 points to trade at 0.14 at the close. Arabian Pipes Company (TADAWUL:2200) declined 5.74% or 7.60 points to end at 124.80 and Tourism Enterprise Co. (TADAWUL:4170) was down 5.63% or 0.04 points to 0.67.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 204 to 81 and 12 ended unchanged.

Shares in MBC Group CJSC (TADAWUL:4072) rose to all time highs; gaining 9.98% or 6.00 to 66.10. Shares in Middle East Paper Co (TADAWUL:1202) rose to 52-week highs; rising 6.63% or 2.45 to 39.40.

Crude oil for March delivery was up 0.12% or 0.09 to $72.57 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.06% or 0.05 to hit $77.83 a barrel, while the February Gold Futures contract rose 0.51% or 10.25 to trade at $2,016.75 a troy ounce.

EUR/SAR was unchanged 0.05% to 4.08, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.06% at 103.14.