Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.54%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the declined 0.54% to hit a new 1-month low.

The best performers of the session on the were Al Moammar Information Systems Co CJSC (TADAWUL:), which rose 8.90% or 8.50 points to trade at 104.00 at the close. Meanwhile, Gulf General Cooperative Insurance (TADAWUL:) added 5.88% or 0.50 points to end at 9.01 and Arabian Contracting Services Company CJSC (TADAWUL:) was up 3.51% or 4.00 points to 118.00 in late trade.

The worst performers of the session were Bindawood Holding Co (TADAWUL:), which fell 6.56% or 5.00 points to trade at 71.20 at the close. Sadr Logistics Co (TADAWUL:) declined 5.27% or 2.55 points to end at 45.80 and Saudi Cement Company (TADAWUL:) was down 5.02% or 2.80 points to 53.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 149 to 86 and 15 ended unchanged.

Shares in Bindawood Holding Co (TADAWUL:) fell to all time lows; losing 6.56% or 5.00 to 71.20.

Crude oil for October delivery was down 3.18% or 2.81 to $85.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 3.23% or 3.04 to hit $91.06 a barrel, while the December Gold Futures contract fell 0.78% or 13.25 to trade at $1,695.85 a troy ounce.

EUR/SAR was up 0.14% to 3.76, while USD/SAR unchanged 0.05% to 3.76.

The US Dollar Index Futures was down 0.10% at 109.27.

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