Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.25%

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 1.25% to hit a new 1-month low.

The best performers of the session on the were Filing & Packing Materials Co. (SE:), which rose 6.60% or 2.00 points to trade at 32.30 at the close. Meanwhile, Al-Jouf Agriculture Development Co (SE:) added 5.57% or 1.40 points to end at 26.55 and Al Hammadi Co (SE:) was up 4.09% or 0.96 points to 24.46 in late trade.

The worst performers of the session were Hail Cement Company (SE:), which fell 5.58% or 0.78 points to trade at 13.20 at the close. The Mediterranean&Gulf Insurance Co (SE:) declined 5.53% or 1.24 points to end at 21.18 and Umm Al-Qura (SE:) was down 4.83% or 1.40 points to 27.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 162 to 33 and 4 ended unchanged.

Shares in Al-Jouf Agriculture Development Co (SE:) rose to 52-week highs; rising 5.57% or 1.40 to 26.55.

Crude oil for March delivery was down 1.16% or 0.59 to $50.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.87% or 0.48 to hit $54.45 a barrel, while the April Gold Futures contract rose 0.25% or 3.90 to trade at $1573.90 a troy ounce.

EUR/SAR was down 0.31% to 4.1063, while USD/SAR unchanged 0.00% to 3.7514.

The US Dollar Index Futures was up 0.22% at 98.593.

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