Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.41%
Investing.com
Published Aug 04, 2021 10:15AM ET
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.41%
Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Agriculture & Food, Multi Investment and Real Estate Development sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 0.41%.
The best performers of the session on the Tadawul All Share were Arabia Insurance Cooperative Co (SE:8160), which rose 5.94% or 2.05 points to trade at 36.55 at the close. Meanwhile, Al Hokair Group (SE:1820) added 5.26% or 1.30 points to end at 26.00 and Al Andalus Property Co SJSC (SE:4320) was up 3.68% or 1.10 points to 31.00 in late trade.
The worst performers of the session were Savola Group (SE:2050), which fell 4.54% or 1.95 points to trade at 41.00 at the close. Swicorp Wabel REIT (SE:4345) declined 3.93% or 0.34 points to end at 8.31 and Sedco Capital REIT (SE:4344) was down 3.87% or 0.54 points to 13.42.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 158 to 37 and 10 ended unchanged.
Shares in Arabia Insurance Cooperative Co (SE:8160) rose to 5-year highs; rising 5.94% or 2.05 to 36.55. Shares in Al Andalus Property Co SJSC (SE:4320) rose to all time highs; gaining 3.68% or 1.10 to 31.00.
Crude oil for September delivery was down 1.77% or 1.25 to $69.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.31% or 0.95 to hit $71.46 a barrel, while the December Gold Futures contract rose 0.35% or 6.35 to trade at $1820.45 a troy ounce.
EUR/SAR was up 0.01% to 4.4474, while USD/SAR rose 0.01% to 3.7505.
The US Dollar Index Futures was up 0.05% at 92.130.
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Written By: Investing.com
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