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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.97%

admin by admin
September 8, 2024
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.97%
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Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Agriculture & Food, Financial Services and Telecoms & IT sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.97%.

The best performers of the session on the Tadawul All Share were Nayifat Finance Co (TADAWUL:4081), which rose 9.98% or 1.32 points to trade at 14.54 at the close. Meanwhile, Red Sea Housing Services Company (TADAWUL:4230) added 9.94% or 4.30 points to end at 47.55 and Saudi Industrial Export Co (TADAWUL:4140) was up 9.71% or 0.27 points to 3.05 in late trade.

The worst performers of the session were Arriyadh Development Co. (TADAWUL:4150), which fell 3.27% or 0.85 points to trade at 25.15 at the close. Bindawood Holding Co (TADAWUL:4161) declined 3.09% or 0.22 points to end at 6.90 and Maharah for Human Resources (TADAWUL:1831) was down 3.06% or 0.22 points to 6.96.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 208 to 91 and 17 ended unchanged.

Shares in Red Sea Housing Services Company (TADAWUL:4230) rose to 52-week highs; up 9.94% or 4.30 to 47.55.

Crude oil for October delivery was down 1.43% or 0.99 to $68.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 2.24% or 1.63 to hit $71.06 a barrel, while the December Gold Futures contract fell 0.64% or 16.30 to trade at $2,526.80 a troy ounce.

EUR/SAR was down 0.24% to 4.16, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.07% at 101.14.

This post appeared first on investing.com
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