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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.58%

admin by admin
October 6, 2024
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.58%
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Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Industrial Investment, Real Estate Development and Transport sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 1.58%.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which rose 7.14% or 0.02 points to trade at 0.30 at the close. Meanwhile, United Wire Factories Company (TADAWUL:1301) added 3.32% or 1.00 points to end at 31.10 and Kingdom Holding Company (TADAWUL:4280) was up 2.23% or 0.24 points to 10.98 in late trade.

The worst performers of the session were Saudi Ceramic Co. (TADAWUL:2040), which fell 7.26% or 2.25 points to trade at 28.75 at the close. Al ELM Information Security Company CJSC (TADAWUL:7203) declined 6.79% or 75.60 points to end at 1,038.00 and Arab Sea Information Systems Co SJSC (TADAWUL:7201) was down 6.76% or 0.50 points to 6.90.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 261 to 36 and 12 ended unchanged.

Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130) rose to 3-years highs; up 7.14% or 0.02 to 0.30. Shares in Kingdom Holding Company (TADAWUL:4280) rose to 3-years highs; up 2.23% or 0.24 to 10.98.

Crude oil for November delivery was up 1.00% or 0.74 to $74.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.67% or 0.52 to hit $78.14 a barrel, while the December Gold Futures contract fell 0.22% or 6.00 to trade at $2,673.20 a troy ounce.

EUR/SAR was down 0.42% to 4.12, while USD/SAR unchanged 0.05% to 3.76.

The US Dollar Index Futures was up 0.52% at 102.28.

This post appeared first on investing.com

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