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Thursday, November 14, 2019

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.11%

© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.11%© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.11%

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

At the close in Saudi Arabia, the Tadawul All Share declined 0.11%.

The best performers of the session on the Tadawul All Share were Saudi Fisheries Co. (SE:6050), which rose 5.75% or 2.50 points to trade at 46.00 at the close. Meanwhile, Yanbu Cement Co. (SE:3060) added 3.71% or 1.25 points to end at 34.90 and Saudi Cable Company (SE:2110) was up 3.64% or 1.10 points to 31.30 in late trade.

The worst performers of the session were Abdullah Saad Mohammed Abo Moati Stationeries Co (SE:4191), which fell 9.95% or 2.36 points to trade at 21.36 at the close. Al Aseel Co Ltd (SE:4012) declined 9.94% or 5.00 points to end at 45.30 and Kingdom Holding Company (SE:4280) was down 7.20% or 0.53 points to 6.83.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 105 to 70 and 22 ended unchanged.

Shares in Kingdom Holding Company (SE:4280) fell to 5-year lows; losing 7.20% or 0.53 to 6.83.

Crude oil for December delivery was up 0.81% or 0.46 to $57.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.93% or 0.58 to hit $62.95 a barrel, while the December Gold Futures contract rose 0.38% or 5.55 to trade at $1468.85 a troy ounce.

EUR/SAR was down 0.02% to 4.1265, while USD/SAR unchanged 0% to 3.7502.

The US Dollar Index Futures was down 0.02% at 98.215.

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