Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.12%
2024.05.07 08:45
Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.
At the close in Saudi Arabia, the lost 0.12%.
The best performers of the session on the were Batic Investments and Logistics Co (TADAWUL:), which rose 6.36% or 0.21 points to trade at 3.51 at the close. Meanwhile, Development Works Food Co (TADAWUL:) added 5.42% or 6.60 points to end at 128.40 and Saudi Company for Hardware (TADAWUL:) was up 4.97% or 1.90 points to 40.15 in late trade.
The worst performers of the session were Saudi Real Estate Co. (TADAWUL:), which fell 7.61% or 1.84 points to trade at 22.34 at the close. Al Baha Investment and Development Company SJSC (TADAWUL:) declined 7.14% or 0.01 points to end at 0.13 and Americana Restaurants (TADAWUL:) was down 5.07% or 0.17 points to 3.18.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 178 to 95 and 25 ended unchanged.
Shares in Batic Investments and Logistics Co (TADAWUL:) rose to 5-year highs; up 6.36% or 0.21 to 3.51. Shares in Al Baha Investment and Development Company SJSC (TADAWUL:) fell to 52-week lows; down 7.14% or 0.01 to 0.13.
Crude oil for June delivery was down 0.51% or 0.40 to $78.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.49% or 0.41 to hit $82.92 a barrel, while the June Gold Futures contract fell 0.25% or 5.75 to trade at $2,325.45 a troy ounce.
EUR/SAR was unchanged 0.05% to 4.04, while USD/SAR unchanged 0.00% to 3.75.
The US Dollar Index Futures was up 0.08% at 105.00.