Saudi Arabia’s stock market has fallen by more than 1%
2022.11.27 09:36
Saudi Arabia’s stock market has fallen by more than 1%
Budrigannews.com – Stocks in Saudi Arabia fell after the market closed on Sunday due to losses in the and sectors.
The lost 1.30 percent at the close in Saudi Arabia, reaching a new six-month low.
Tourism Enterprise Co. (TADAWUL:), had the session’s best results on thewhich closed at 32.05 at the close, up 9.95 percent, or 2.90 points. While this is going on, the Dr. Sulaiman Al Habib Medical Group (TADAWUL:) Arabian Drilling Co. (TADAWUL:) gained 5.00 points, or 2.38 percent, to finish at 215.00. was trading at 117.60 in late trade, up 2.08%, or 2.40 points.
Malath Cooperative Insurance Co. (TADAWUL:), the session’s worst performers,which closed at 11.00 at the close after losing 9.69%, or 1.18 points. Company of United Wire Factories (TADAWUL:)ended at 24.20, down 8.16 percent, or 2.15 points, and Al Yamamah Steel Industries Co. (TADAWUL:) was 23.00, down 8.00%, or 2.00 points.
On the Saudi Arabia Stock Exchange, declining stocks outnumbered rising ones by 201 to 43, with 11 stocks remaining unchanged.
Malath Cooperative Insurance Company shares (TADAWUL:)fell to lows of 52 weeks;down 1.18 percent or 9.69% to 11.00. TADAWUL: shares in United Wire Factories Companyfell to lows of 52 weeks; down 2.15, or 8.16 percent, to 24.20. Al Yamamah Steel Industries Co. shares (TADAWUL:) tumbled to 52-week lows;down 2.00, or 8.0 percent, to 23.00.
Crude oil fell 1.78 percent, or 1.39 percent, to $76.55 per barrel for January delivery. Brent oil for delivery in February remained unchanged at $83.71 a barrel, while the December Gold Futures contract increased by 0.54 percent or 9.40 percent to trade at $1,755.00 a troy ounce.
EUR/SAR remained unchanged at 3.91, while USD/SAR remained unchanged at 3.76.
