Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.99%

Investing.com – 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 fell 1.99%.

The best performers of the session on the were Saudi Automotive Services Co. (SE:), which rose 6.59% or 1.70 points to trade at 27.50 at the close. Meanwhile, Saudi Real Estate Co. (SE:) added 2.52% or 0.32 points to end at 13.00 and Aldrees Petroleum & Transport Svcs (SE:) was up 2.48% or 1.40 points to 57.80 in late trade.

The worst performers of the session were Saudi Company for Hardware (SE:), which fell 6.63% or 3.80 points to trade at 53.50 at the close. Al-Ahlia Insurance Company (SE:) declined 5.62% or 0.72 points to end at 12.10 and Al Baha Investment and Development Company SJSC (SE:) was down 5.31% or 0.80 points to 14.28.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 172 to 19 and 6 ended unchanged.

Shares in Saudi Automotive Services Co. (SE:) rose to 3-years highs; gaining 6.59% or 1.70 to 27.50. Shares in Saudi Company for Hardware (SE:) fell to 52-week lows; falling 6.63% or 3.80 to 53.50. Shares in Aldrees Petroleum & Transport Svcs (SE:) rose to 3-years highs; rising 2.48% or 1.40 to 57.80. Shares in Al Baha Investment and Development Company SJSC (SE:) fell to 52-week lows; losing 5.31% or 0.80 to 14.28.

Crude oil for December delivery was up 3.67% or 1.99 to $56.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 3.37% or 2.01 to hit $61.63 a barrel, while the December Gold Futures contract rose 0.12% or 1.85 to trade at $1516.65 a troy ounce.

EUR/SAR was up 0.14% to 4.1875, while USD/SAR unchanged 0.00% to 3.7502.

The US Dollar Index Futures was down 0.14% at 97.018.

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