Saudi Arabia’s stock market lost about 1% in a day
2022.12.04 09:32
Saudi Arabia’s stock market lost about 1% in a day
Budrigannews.com – At the nearby in Saudi Arabia, the declined 0.91% to hit another 52-week low.
Allied Cooperative Insurance Group SJSC (TADAWUL:), the session’s best performers on thewhich closed at 11.78 at the close, up 7.09 percent, or 0.78 points.In the meantime, the Jubail and Yanbu Power and Water Utility Company (TADAWUL:) added 2.56 percent, or 1.25 points, to reach 50, and the Jadwa REIT Saudi Fund (TADAWUL:) was up 0.22 points, or 1.76 percent, to 12.74 in late trading.
Theeb Rent a Car Company SJSC (TADAWUL:), the session’s worst performers,which closed at 62.50 at the close after losing 9.94%, or 6.90 points. TADAWUL: Saudi Arabian Amiantit Co.ended at 34.55, down 9.91 percent, or 3.80 points, and Saudi Enaya Cooperative Insurance (TADAWUL:) was 11.48, down 9.89%, or 1.26 points.
On the Saudi Arabia Stock Exchange, declining stocks outnumbered rising ones by 195 to 46, with 10 ending unchanged.
Jubail and Yanbu’s shares in the Power and Water Utility Company (TADAWUL:) increased to record highs;rising 2.56% or 1.25 to 50.00.TADAWUL:) shares in the Saudi Enaya Cooperative Insurancefell to record lows;down 11.48 percent, or 1.26 percent.
Crude oil was down 1.08 percent, or 0.88 percent, to $80.34 a barrel for January delivery.Brent oil for delivery in February fell 1.68 percent, or 1.46 percent, to $85.42 a barrel, and the February Gold Futures contract fell 0.21 percent, or 3.80 percent, to $1,811.40 an ounce.
EUR/SAR rose 0.16 percent to 3.96, while USD/SAR remained unchanged at 3.76.
At 104.32, the US Dollar Index Futures were down 0.25 percent.
