Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.96%

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

At the close in Saudi Arabia, the declined 0.96% to hit a new 1-month low.

The best performers of the session on the were Dur Hospitality (SE:), which rose 10.00% or 3.00 points to trade at 33.00 at the close. Meanwhile, Hail Cement Company (SE:) added 6.88% or 0.92 points to end at 14.30 and Nama Chemicals Co. (SE:) was up 6.72% or 1.70 points to 27.00 in late trade.

The worst performers of the session were Mobile Telecommunications Company (SE:), which fell 9.92% or 1.20 points to trade at 10.90 at the close. The Mediterranean&Gulf Insurance Co (SE:) declined 5.37% or 1.18 points to end at 20.80 and Saudi Electricity Company (SE:) was down 4.15% or 0.80 points to 18.50.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 122 to 69 and 6 ended unchanged.

Shares in Dur Hospitality (SE:) rose to 3-years highs; gaining 10.00% or 3.00 to 33.00.

Crude oil for March delivery was up 2.04% or 1.01 to $50.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 2.35% or 1.25 to hit $54.52 a barrel, while the April Gold Futures contract fell 0.27% or 4.25 to trade at $1575.25 a troy ounce.

EUR/SAR was down 0.01% to 4.0913, while USD/SAR unchanged 0.00% to 3.7506.

The US Dollar Index Futures was down 0.00% at 98.713.

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