Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.02%

(C) Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.02%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Building & Construction, Transport and Insurance sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.02%.

The best performers of the session on the Tadawul All Share were Saudi Company for Hardware (SE:4008), which rose 4.06% or 2.70 points to trade at 69.20 at the close. Meanwhile, Tabuk Agriculture Development Co (SE:6040) added 3.80% or 1.15 points to end at 31.45 and National Petrochemical Company (SE:2002) was up 3.63% or 1.65 points to 47.05 in late trade.

The worst performers of the session were Saudi Cement Company (SE:3030), which fell 3.58% or 2.40 points to trade at 64.60 at the close. Saudi Arabian Cooperative Insurance (SE:8100) declined 3.39% or 0.78 points to end at 22.22 and Amana Cooperative Insurance Co (SE:8310) was down 2.40% or 0.90 points to 36.65.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 121 to 69 and 15 ended unchanged.

Shares in Saudi Company for Hardware (SE:4008) rose to 52-week highs; gaining 4.06% or 2.70 to 69.20. Shares in National Petrochemical Company (SE:2002) rose to all time highs; gaining 3.63% or 1.65 to 47.05.

Crude oil for May delivery was down 1.14% or 0.68 to $59.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.84% or 0.53 to hit $62.63 a barrel, while the June Gold Futures contract rose 0.94% or 16.35 to trade at $1757.95 a troy ounce.

EUR/SAR was up 0.27% to 4.4637, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.36% at 92.142.