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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.62%

2022.09.25 11:22

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Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the lost 2.62% to hit a new 6-months low.

The best performers of the session on the were Hail Cement Company (TADAWUL:), which rose 8.02% or 0.98 points to trade at 13.20 at the close. Meanwhile, Dallah Healthcare Holding Company (TADAWUL:) added 3.26% or 4.40 points to end at 139.40 and National Medical Care Company (TADAWUL:) was up 2.64% or 1.80 points to 70.00 in late trade.

The worst performers of the session were Alinma Tokio Marine Co (TADAWUL:), which fell 8.92% or 1.78 points to trade at 18.18 at the close. Saudi Printing & Packaging Company (TADAWUL:) declined 8.47% or 1.48 points to end at 16.00 and United Cooperative Assurance Co (TADAWUL:) was down 7.66% or 0.72 points to 8.68.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 230 to 18 and 4 ended unchanged.

Shares in Alinma Tokio Marine Co (TADAWUL:) fell to 52-week lows; losing 8.92% or 1.78 to 18.18. Shares in Dallah Healthcare Holding Company (TADAWUL:) rose to all time highs; gaining 3.26% or 4.40 to 139.40. Shares in United Cooperative Assurance Co (TADAWUL:) fell to 52-week lows; down 7.66% or 0.72 to 8.68.

Crude oil for November delivery was down 4.86% or 4.06 to $79.43 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December unchanged 0.00% or 0.00 to hit $85.03 a barrel, while the December Gold Futures contract fell 1.75% or 29.40 to trade at $1,651.70 a troy ounce.

EUR/SAR was down 1.46% to 3.64, while USD/SAR unchanged 0.00% to 3.76.

The US Dollar Index Futures was up 1.54% at 112.82.

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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.62%

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