Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.50%

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

At the close in Saudi Arabia, the declined 0.50%.

The best performers of the session on the were Al Sorayai Trading&Industrial Group (SE:), which rose 9.96% or 1.88 points to trade at 20.78 at the close. Meanwhile, Saudi Industrial Services Co. (SE:) added 5.82% or 1.26 points to end at 22.90 and Umm Al-Qura (SE:) was up 5.00% or 1.40 points to 29.40 in late trade.

The worst performers of the session were Saudi Telecom (SE:), which fell 4.70% or 4.60 points to trade at 93.20 at the close. Yanbu National Petrochemical Co (SE:) declined 2.89% or 1.60 points to end at 53.70 and Arabia Insurance Cooperative Co (SE:) was down 2.88% or 0.48 points to 16.18.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 133 to 58 and 8 ended unchanged.

Shares in Al Sorayai Trading&Industrial Group (SE:) rose to 52-week lows; rising 9.96% or 1.88 to 20.78. Shares in Umm Al-Qura (SE:) rose to 3-years highs; rising 5.00% or 1.40 to 29.40.

Crude oil for March delivery was down 2.80% or 1.59 to $55.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 2.56% or 1.62 to hit $61.59 a barrel, while the February Gold Futures contract rose 0.02% or 0.35 to trade at $1557.05 a troy ounce.

EUR/SAR was down 0.11% to 4.1559, while USD/SAR rose 0.01% to 3.7513.

The US Dollar Index Futures was up 0.07% at 97.365.

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