Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.76%

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 fell 0.76%.

The best performers of the session on the were Food Products Co. (SE:), which rose 9.84% or 1.14 points to trade at 12.72 at the close. Meanwhile, AlAhli Fund of REITs (SE:) added 6.25% or 0.60 points to end at 10.20 and Electrical Industries Co (SE:) was up 4.97% or 0.78 points to 16.48 in late trade.

The worst performers of the session were Ash-Sharqiyah Development Company (SE:), which fell 4.67% or 3.80 points to trade at 77.60 at the close. Jabal Omar Development Company (SE:) declined 4.44% or 1.30 points to end at 28.00 and Allianz Saudi Fransi Cooperative Insurance Company (SE:) was down 4.04% or 1.10 points to 26.10.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 127 to 60 and 10 ended unchanged.

Shares in AlAhli Fund of REITs (SE:) rose to all time highs; rising 6.25% or 0.60 to 10.20.

Crude oil for April delivery was up 0.11% or 0.05 to $46.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.35% or 0.18 to hit $50.95 a barrel, while the April Gold Futures contract rose 0.76% or 12.45 to trade at $1655.45 a troy ounce.

EUR/SAR was up 0.46% to 4.1970, while USD/SAR fell 0.01% to 3.7520.

The US Dollar Index Futures was down 0.36% at 96.957.

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