Saudi Arabia stocks lower at close of trade; Tadawul All Share down 8.32%

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 8.32% to hit a new 52-week low.

The best performers of the session on the were Saudi Arabia Fertilizers Co. (SE:), which rose 3.70% or 2.50 points to trade at 70.00 at the close. Meanwhile, Alujain Corporation (SE:) added 1.21% or 0.40 points to end at 33.40 and Etihad Atheeb Telecommunication (SE:) was unchanged 0.00% or 0.000 points to 7.211 in late trade.

The worst performers of the session were Samba Financial Group (SE:), which fell 10.00% or 2.52 points to trade at 22.68 at the close. AXA Cooperative Insurance Company (SE:) declined 10.00% or 3.10 points to end at 27.90 and BURUJ COOPERATIVE INSURANCE CO (SE:) was down 10.00% or 1.80 points to 16.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 195 to 2 and 1 ended unchanged.

Shares in Samba Financial Group (SE:) fell to 52-week lows; falling 10.00% or 2.52 to 22.68. Shares in Alujain Corporation (SE:) rose to 52-week highs; up 1.21% or 0.40 to 33.40. Shares in BURUJ COOPERATIVE INSURANCE CO (SE:) fell to 52-week lows; losing 10.00% or 1.80 to 16.20.

Crude oil for April delivery was down 9.35% or 4.29 to $41.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 8.90% or 4.45 to hit $45.54 a barrel, while the April Gold Futures contract rose 0.38% or 6.35 to trade at $1674.35 a troy ounce.

EUR/SAR was up 0.42% to 4.2348, while USD/SAR fell 0.01% to 3.7523.

The US Dollar Index Futures was down 0.75% at 96.060.

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