Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.17%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Cement, Insurance and Retail sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.17%.

The best performers of the session on the Tadawul All Share were Perfect Presentation for Commercial Services Company PJSC (TADAWUL:7204), which rose 9.90% or 2.46 points to trade at 27.30 at the close. Meanwhile, Al Hassan Ghazi Ibrahim Shaker (TADAWUL:1214) added 4.98% or 1.50 points to end at 31.60 and Al ELM Information Security Company CJSC (TADAWUL:7203) was up 4.89% or 43.40 points to 930.60 in late trade.

The worst performers of the session were Saudi Company for Hardware (TADAWUL:4008), which fell 6.17% or 2.75 points to trade at 41.85 at the close. The Company for Coop. Insurance (TADAWUL:8010) declined 3.69% or 5.00 points to end at 130.40 and Saudi Arabian Amiantit Co. (TADAWUL:2160) was down 3.14% or 2.40 points to 74.10.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 162 to 112 and 24 ended unchanged.

Shares in Perfect Presentation for Commercial Services Company PJSC (TADAWUL:7204) rose to all time highs; gaining 9.90% or 2.46 to 27.30. Shares in Al Hassan Ghazi Ibrahim Shaker (TADAWUL:1214) rose to 52-week highs; rising 4.98% or 1.50 to 31.60. Shares in Al ELM Information Security Company CJSC (TADAWUL:7203) rose to all time highs; up 4.89% or 43.40 to 930.60.

Crude oil for February delivery was up 2.03% or 1.45 to $72.82 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.89% or 1.45 to hit $78.25 a barrel, while the February Gold Futures contract rose 0.52% or 10.55 to trade at $2,038.35 a troy ounce.

EUR/SAR was unchanged 0.12% to 4.12, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.13% at 101.94.