Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.60%
2022.08.30 18:05
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.60%
Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Retail, Real Estate Development and Hotels & Tourism sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 0.60%.
The best performers of the session on the Tadawul All Share were Sadr Logistics Co (TADAWUL:1832), which rose 5.48% or 2.90 points to trade at 55.80 at the close. Meanwhile, Al-Rajhi Cooperative Insurance (TADAWUL:8230) added 4.86% or 4.60 points to end at 99.20 and Riyad REIT (TADAWUL:4330) was up 4.48% or 0.52 points to 12.14 in late trade.
The worst performers of the session were National Gas & Industrialization Co (TADAWUL:2080), which fell 5.65% or 3.50 points to trade at 58.40 at the close. Tourism Enterprise Co. (TADAWUL:4170) declined 3.49% or 7.60 points to end at 210.40 and Al Hokair Group (TADAWUL:1820) was down 3.35% or 0.40 points to 11.54.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 151 to 79 and 13 ended unchanged.
Shares in Riyad REIT (TADAWUL:4330) rose to 5-year highs; rising 4.48% or 0.52 to 12.14.
Crude oil for October delivery was down 4.63% or 4.49 to $92.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 4.20% or 4.32 to hit $98.61 a barrel, while the December Gold Futures contract fell 0.52% or 9.10 to trade at $1,740.60 a troy ounce.
EUR/SAR was up 0.19% to 3.76, while USD/SAR unchanged 0.03% to 3.76.
The US Dollar Index Futures was down 0.03% at 108.75.
