Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.78%
2022.05.16 17:36
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.78%
Investing.com – Saudi Arabia stocks were lower after the close on Monday, as losses in the Financial Services, Hotels & Tourism and Cement sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 1.78%.
The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (TADAWUL:4140), which rose 9.91% or 6.60 points to trade at 73.20 at the close. Meanwhile, Dr Sulaiman Al Habib Medical Group (TADAWUL:4013) added 4.72% or 9.60 points to end at 213.00 and Bupa Arabia for Coop. Insurance (TADAWUL:8210) was up 3.70% or 6.00 points to 168.00 in late trade.
The worst performers of the session were United Cooperative Assurance Co (TADAWUL:8190), which fell 9.89% or 2.75 points to trade at 25.05 at the close. Allianz Saudi Fransi Cooperative Insurance Company (TADAWUL:8040) declined 7.17% or 1.42 points to end at 18.38 and AXA Cooperative Insurance Company SJSC (TADAWUL:8250) was down 6.92% or 2.25 points to 30.25.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 189 to 35 and 9 ended unchanged.
Shares in Saudi Industrial Export Co (TADAWUL:4140) rose to 5-year highs; up 9.91% or 6.60 to 73.20. Shares in Dr Sulaiman Al Habib Medical Group (TADAWUL:4013) rose to all time highs; up 4.72% or 9.60 to 213.00. Shares in Allianz Saudi Fransi Cooperative Insurance Company (TADAWUL:8040) fell to 52-week lows; losing 7.17% or 1.42 to 18.38. Shares in AXA Cooperative Insurance Company SJSC (TADAWUL:8250) fell to 52-week lows; losing 6.92% or 2.25 to 30.25.
Crude oil for July delivery was up 0.27% or 0.29 to $108.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July unchanged 0.00% or 0.00 to hit $111.55 a barrel, while the June Gold Futures contract rose 0.06% or 1.04 to trade at $1,809.24 a troy ounce.
EUR/SAR was unchanged 0.01% to 3.90, while USD/SAR unchanged 0.01% to 3.75.
The US Dollar Index Futures was down 0.10% at 104.51.
