Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.11%

2022.07.13 18:46

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.11%

Budrigannews.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Media & Publishing, Petrochemicals and Cement sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 1.11% to hit a new 6-months low.

The best performers of the session on the Tadawul All Share were Fitaihi Holding Group (TADAWUL:4180), which rose 9.93% or 2.85 points to trade at 31.55 at the close. Meanwhile, Bawan (TADAWUL:1302) added 7.22% or 2.10 points to end at 31.20 and Anaam International Holding Group (TADAWUL:4061) was up 6.87% or 1.38 points to 21.48 in late trade.

The worst performers of the session were Sahara International Petrochemical Company SJSC (TADAWUL:2310), which fell 9.82% or 4.65 points to trade at 42.70 at the close. Saudi Research and Marketing Group (TADAWUL:4210) declined 6.76% or 12.20 points to end at 168.40 and Saudi Industrial Investment Group (TADAWUL:2250) was down 6.54% or 1.75 points to 25.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 153 to 80 and 8 ended unchanged.

Shares in Saudi Industrial Investment Group (TADAWUL:2250) fell to 52-week lows; falling 6.54% or 1.75 to 25.00.

Crude oil for August delivery was down 0.35% or 0.34 to $95.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.66% or 0.66 to hit $98.83 a barrel, while the August Gold Futures contract fell 0.21% or 3.60 to trade at $1,721.20 a troy ounce.

EUR/SAR was unchanged 0.04% to 3.77, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.11% at 108.04.