Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.98%

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 lost 2.98%.

The best performers of the session on the were AlJazira Mawten REIT (SE:), which rose 3.31% or 0.33 points to trade at 10.30 at the close. Meanwhile, Taleem REIT Fund (SE:) added 2.69% or 0.30 points to end at 11.44 and AlAhli Fund of REITs (SE:) was up 2.51% or 0.23 points to 9.40 in late trade.

The worst performers of the session were Alujain Corporation (SE:), which fell 10.00% or 2.64 points to trade at 23.76 at the close. Arabia Insurance Cooperative Co (SE:) declined 10.00% or 1.08 points to end at 9.72 and City Cement Co (SE:) was down 9.99% or 1.42 points to 12.80.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 181 to 15 and 2 ended unchanged.

Shares in Arabia Insurance Cooperative Co (SE:) fell to 3-years lows; losing 10.00% or 1.08 to 9.72.

Crude oil for April delivery was down 6.37% or 2.10 to $30.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 7.01% or 2.51 to hit $33.28 a barrel, while the April Gold Futures contract fell 3.73% or 61.30 to trade at $1581.00 a troy ounce.

EUR/SAR was down 0.93% to 4.1893, while USD/SAR rose 0.01% to 3.7535.

The US Dollar Index Futures was up 1.04% at 97.495.

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