Saudi Arabia stocks lower at close of trade; Tadawul All Share down 5.21%

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

At the close in Saudi Arabia, the fell 5.21% to hit a new 3-years low.

The best performers of the session on the were Wataniya Insurance Company (SE:), which rose 10.00% or 1.40 points to trade at 15.40 at the close. Meanwhile, Alkhaleej Training & Education Co (SE:) added 9.42% or 1.24 points to end at 14.40 and Food Products Co. (SE:) was up 1.29% or 0.14 points to 11.00 in late trade.

The worst performers of the session were Saudi Industrial Export Co (SE:), which fell 10.00% or 4.30 points to trade at 38.70 at the close. Saudi Industrial Services Co. (SE:) declined 9.99% or 1.52 points to end at 13.70 and Riyad Bank (SE:) was down 9.99% or 1.58 points to 14.24.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 188 to 8 and 2 ended unchanged.

Shares in Saudi Industrial Export Co (SE:) fell to 52-week lows; falling 10.00% or 4.30 to 38.70. Shares in Riyad Bank (SE:) fell to 52-week lows; losing 9.99% or 1.58 to 14.24.

Crude oil for May delivery was down 6.98% or 2.24 to $29.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 10.01% or 3.39 to hit $30.46 a barrel, while the April Gold Futures contract fell 3.20% or 48.55 to trade at $1468.15 a troy ounce.

EUR/SAR was up 0.26% to 4.1772, while USD/SAR fell 0.01% to 3.7531.

The US Dollar Index Futures was down 0.51% at 98.400.

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