Stock Market News

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.66%

2022.04.19 17:27

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.66%
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.66%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Financial Services, Energy & Utilities and Building & Construction sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 1.66%.

The best performers of the session on the Tadawul All Share were East Pipes Integrated Company for Industry (TADAWUL:1321), which rose 6.51% or 5.60 points to trade at 91.60 at the close. Meanwhile, Dallah Healthcare Holding Company (TADAWUL:4004) added 4.27% or 4.80 points to end at 117.20 and Saudi Arabian Amiantit Co. (TADAWUL:2160) was up 3.77% or 1.60 points to 44.00 in late trade.

The worst performers of the session were The Saudi British Bank (TADAWUL:1060), which fell 4.40% or 1.95 points to trade at 42.40 at the close. Wataniya Insurance Company (TADAWUL:8300) declined 4.21% or 0.96 points to end at 21.82 and Anaam International Holding Group (TADAWUL:4061) was down 4.07% or 3.20 points to 75.50.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 172 to 55 and 10 ended unchanged.

Shares in East Pipes Integrated Company for Industry (TADAWUL:1321) rose to all time highs; rising 6.51% or 5.60 to 91.60. Shares in Dallah Healthcare Holding Company (TADAWUL:4004) rose to 5-year highs; gaining 4.27% or 4.80 to 117.20.

Crude oil for June delivery was down 4.28% or 4.61 to $103.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 4.14% or 4.69 to hit $108.47 a barrel, while the June Gold Futures contract fell 1.21% or 24.10 to trade at $1,962.30 a troy ounce.

EUR/SAR was up 0.21% to 4.05, while USD/SAR fell 0.19% to 3.75.

The US Dollar Index Futures was up 0.11% at 100.88.

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