Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.62%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Energy&Utilities, Insurance and Media&Publishing sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.62% to hit a new 3-months low.

The best performers of the session on the Tadawul All Share were Saudia Dairy and Foodstuff .Co (TADAWUL:2270), which rose 9.97% or 35.00 points to trade at 386.20 at the close. Meanwhile, Al-Jouf Agriculture Development Co (TADAWUL:6070) added 9.94% or 5.20 points to end at 57.50 and East Pipes Integrated Company for Industry (TADAWUL:1321) was up 5.55% or 9.00 points to 171.20 in late trade.

The worst performers of the session were Thimar Development Holding Co (TADAWUL:4160), which fell 9.94% or 1.56 points to trade at 14.14 at the close. Tanmiah Food Company SCJSC (TADAWUL:2281) declined 9.93% or 14.20 points to end at 128.80 and Walaa Cooperative Insurance Company SJSC (TADAWUL:8060) was down 9.91% or 3.25 points to 29.55.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 176 to 108 and 18 ended unchanged.

Shares in East Pipes Integrated Company for Industry (TADAWUL:1321) rose to all time highs; rising 5.55% or 9.00 to 171.20.

Crude oil for June delivery was down 1.34% or 1.06 to $78.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.31% or 1.10 to hit $82.78 a barrel, while the June Gold Futures contract rose 1.14% or 26.60 to trade at $2,366.90 a troy ounce.

EUR/SAR was unchanged 0.09% to 4.04, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.07% at 105.18.