Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.51%

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 declined 0.51% to hit a new 1-month low.

The best performers of the session on the were Saudi Arabia Refineries Co. (SE:), which rose 4.40% or 2.20 points to trade at 52.20 at the close. Meanwhile, Ash-Sharqiyah Development Company (SE:) added 3.94% or 2.80 points to end at 73.80 and National Petrochemical Company (SE:) was up 3.29% or 0.80 points to 25.10 in late trade.

The worst performers of the session were Banque Saudi Fransi (SE:), which fell 5.31% or 1.95 points to trade at 34.80 at the close. National Company for Learning and Education SJSC (SE:) declined 4.31% or 1.35 points to end at 29.95 and Anb Insurance (SE:) was down 3.80% or 0.70 points to 17.70.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 140 to 52 and 7 ended unchanged.

Shares in Saudi Arabia Refineries Co. (SE:) rose to 3-years highs; gaining 4.40% or 2.20 to 52.20. Shares in Ash-Sharqiyah Development Company (SE:) rose to 3-years highs; rising 3.94% or 2.80 to 73.80.

Crude oil for March delivery was down 0.10% or 0.05 to $50.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.99% or 0.55 to hit $54.73 a barrel, while the April Gold Futures contract rose 0.19% or 2.95 to trade at $1565.75 a troy ounce.

EUR/SAR was up 0.02% to 4.1262, while USD/SAR rose 0.01% to 3.7516.

The US Dollar Index Futures was up 0.04% at 98.200.

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