Stock Market News

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.61%

2022.08.07 18:18

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.61%
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.61%

 

Budrigannews.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Hotels & Tourism, Petrochemicals and Financial Services sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.61%.

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230), which rose 9.00% or 2.65 points to trade at 32.10 at the close. Meanwhile, SABIC AgriNutrients Co (TADAWUL:2020) added 7.87% or 11.00 points to end at 150.80 and Etihad Atheeb Telecommunication (TADAWUL:7040) was up 6.21% or 2.80 points to 47.90 in late trade.

The worst performers of the session were Leejam Sports Company SJSC (TADAWUL:1830), which fell 9.98% or 10.70 points to trade at 96.50 at the close. The National Co for Glass Industrie (TADAWUL:2150) declined 3.52% or 1.30 points to end at 35.60 and Al Hammadi Co (TADAWUL:4007) was down 3.16% or 1.35 points to 41.40.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 132 to 94 and 16 ended unchanged.

Crude oil for September delivery was down 0.01% or 0.01 to $88.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.57% or 0.54 to hit $94.66 a barrel, while the December Gold Futures contract fell 0.80% or 14.50 to trade at $1,792.40 a troy ounce.

EUR/SAR was down 0.58% to 3.83, while USD/SAR unchanged 0.00% to 3.76.

The US Dollar Index Futures was up 0.82% at 106.43.

 

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.61%

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