Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.15%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Telecoms&IT, Building&Construction and Hotels&Tourism sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.15% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Retal Urban Development Company SJSC (TADAWUL:4322), which rose 7.94% or 10.00 points to trade at 136.00 at the close. Meanwhile, Saudi Enaya Cooperative Insurance (TADAWUL:8311) added 6.28% or 1.20 points to end at 20.30 and Saudi Tadawul Group Holding Co (TADAWUL:1111) was up 4.57% or 10.40 points to 238.00 in late trade.

The worst performers of the session were AL JOUF CEMENT COMPANY (TADAWUL:3091), which fell 6.31% or 0.84 points to trade at 12.48 at the close. Arabian Cement Co (TADAWUL:3010) declined 4.92% or 1.95 points to end at 37.65 and Lazurde for Jewelry Co (TADAWUL:4011) was down 4.82% or 0.80 points to 15.80.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 171 to 67 and 8 ended unchanged.

Shares in Retal Urban Development Company SJSC (TADAWUL:4322) rose to all time highs; rising 7.94% or 10.00 to 136.00. Shares in AL JOUF CEMENT COMPANY (TADAWUL:3091) fell to 52-week lows; losing 6.31% or 0.84 to 12.48. Shares in Saudi Tadawul Group Holding Co (TADAWUL:1111) rose to all time highs; up 4.57% or 10.40 to 238.00.

Crude oil for October delivery was down 2.04% or 1.83 to $87.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 2.08% or 1.99 to hit $93.65 a barrel, while the December Gold Futures contract fell 1.29% or 22.35 to trade at $1,703.85 a troy ounce.

EUR/SAR was down 1.20% to 3.73, while USD/SAR unchanged 0.04% to 3.76.

The US Dollar Index Futures was up 0.99% at 109.75.