Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.92%

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At the close in Saudi Arabia, the Tadawul All Share lost 1.92% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Makkah Construction&Development Co (SE:4100), which rose 2.53% or 1.90 points to trade at 77.00 at the close. Meanwhile, Jabal Omar Development Company (SE:4250) added 2.15% or 0.65 points to end at 30.95 and Saudi Ceramic Co. (SE:2040) was up 1.52% or 0.80 points to 53.40 in late trade.

The worst performers of the session were Al Sorayai Trading&Industrial Group (SE:1213), which fell 6.99% or 2.35 points to trade at 31.25 at the close. The Mediterranean&Gulf Insurance Co (SE:8030) declined 6.13% or 1.26 points to end at 19.28 and Fitaihi Holding Group (SE:4180) was down 5.60% or 2.40 points to 40.45.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 197 to 15 and 2 ended unchanged.

Crude oil for January delivery was down 3.49% or 2.74 to $75.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 3.41% or 2.77 to hit $78.47 a barrel, while the December Gold Futures contract fell 0.77% or 14.35 to trade at $1847.05 a troy ounce.

EUR/SAR was down 0.77% to 4.2316, while USD/SAR unchanged 0.00% to 3.7512.

The US Dollar Index Futures was up 0.56% at 96.075.