Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.25%
2022.05.19 17:26
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.25%
Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Energy & Utilities, Transport and Insurance sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share fell 2.25% to hit a new 1-month low.
The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (TADAWUL:4140), which rose 9.94% or 8.80 points to trade at 97.30 at the close. Meanwhile, Anaam International Holding Group (TADAWUL:4061) added 9.90% or 3.55 points to end at 39.40 and National Gas & Industrialization Co (TADAWUL:2080) was up 6.09% or 2.70 points to 47.05 in late trade.
The worst performers of the session were Arabia Insurance Cooperative Co (TADAWUL:8160), which fell 10.00% or 2.85 points to trade at 25.65 at the close. Rabigh Refining & Petrochemical Co (TADAWUL:2380) declined 9.98% or 2.65 points to end at 23.90 and Saudi Real Estate Co. (TADAWUL:4020) was down 8.80% or 1.64 points to 17.00.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 199 to 31 and 4 ended unchanged.
Shares in Saudi Industrial Export Co (TADAWUL:4140) rose to 5-year highs; gaining 9.94% or 8.80 to 97.30. Shares in Arabia Insurance Cooperative Co (TADAWUL:8160) fell to 52-week lows; losing 10.00% or 2.85 to 25.65. Shares in Saudi Real Estate Co. (TADAWUL:4020) fell to 52-week lows; down 8.80% or 1.64 to 17.00.
Crude oil for July delivery was down 0.77% or 0.82 to $106.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.48% or 0.52 to hit $108.59 a barrel, while the June Gold Futures contract rose 1.50% or 27.25 to trade at $1,843.15 a troy ounce.
EUR/SAR was up 0.93% to 3.96, while USD/SAR unchanged 0.02% to 3.75.
The US Dollar Index Futures was down 0.90% at 102.93.
