Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.21%
2022.05.10 17:26
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.21%
Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Financial Services, Telecoms & IT and Building & Construction sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 2.21%.
The best performers of the session on the Tadawul All Share were Gulf Union Cooperative Insurance (TADAWUL:8120), which rose 5.58% or 0.64 points to trade at 12.10 at the close. Meanwhile, Fawaz Abdulaziz AlHokair Company (TADAWUL:4240) added 4.23% or 0.56 points to end at 13.80 and Wafrah for Industry and Development Company SJSC (TADAWUL:2100) was up 3.91% or 5.00 points to 133.00 in late trade.
The worst performers of the session were The Saudi British Bank (TADAWUL:1060), which fell 7.13% or 3.30 points to trade at 43.00 at the close. Riyad Bank (TADAWUL:1010) declined 6.64% or 2.80 points to end at 39.40 and Saudi Arabian Mining Company (TADAWUL:1211) was down 6.05% or 8.00 points to 124.20.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 169 to 53 and 14 ended unchanged.
Crude oil for June delivery was down 0.60% or 0.62 to $102.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.71% or 0.75 to hit $105.19 a barrel, while the June Gold Futures contract fell 0.06% or 1.10 to trade at $1,857.50 a troy ounce.
EUR/SAR was unchanged 0.06% to 3.96, while USD/SAR unchanged 0.00% to 3.75.
The US Dollar Index Futures was up 0.07% at 103.76.
