Saudi Arabia stocks lower at close of trade; Tadawul All Share down 3.71%

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 3.71% to hit a new 52-week low.

The best performers of the session on the were Allied Cooperative Insurance Group SJSC (SE:), which rose 5.50% or 1.08 points to trade at 20.70 at the close. Meanwhile, National Petrochemical Company (SE:) added 0.90% or 0.20 points to end at 22.50 and Solidarity Saudi Takaful Co (SE:) was up 0.60% or 0.08 points to 13.42 in late trade.

The worst performers of the session were Saudi Public Transport Co. (SE:), which fell 9.99% or 1.70 points to trade at 15.32 at the close. Saudi Industrial Services Co. (SE:) declined 9.96% or 2.32 points to end at 20.98 and The Mediterranean&Gulf Insurance Co (SE:) was down 9.95% or 2.12 points to 19.18.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 194 to 4.

Crude oil for April delivery was down 3.91% or 1.84 to $45.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 3.19% or 1.65 to hit $50.08 a barrel, while the April Gold Futures contract fell 3.37% or 55.35 to trade at $1587.15 a troy ounce.

EUR/SAR was up 0.27% to 4.1368, while USD/SAR rose 0.00% to 3.7515.

The US Dollar Index Futures was down 0.41% at 98.060.

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