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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.09%

by October 17, 2024
written by October 17, 2024

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Media & Publishing, Financial Services and Transport sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 1.09%.

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230), which rose 4.30% or 2.60 points to trade at 63.00 at the close. Meanwhile, Saudi Industrial Development Co. (TADAWUL:2130) added 2.91% or 0.85 points to end at 30.10 and The Company for Coop. Insurance (TADAWUL:8010) was up 2.80% or 4.00 points to 147.00 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which fell 6.90% or 0.02 points to trade at 0.27 at the close. ARTEX Industrial Investment Co (TADAWUL:2340) declined 4.92% or 0.88 points to end at 17.00 and Anaam International Holding Group (TADAWUL:4061) was down 4.48% or 0.06 points to 1.28.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 228 to 73 and 15 ended unchanged.

Crude oil for November delivery was up 0.60% or 0.42 to $70.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.44% or 0.33 to hit $74.55 a barrel, while the December Gold Futures contract rose 0.08% or 2.10 to trade at $2,693.40 a troy ounce.

EUR/SAR was unchanged 0.10% to 4.07, while USD/SAR unchanged 0.02% to 3.76.

The US Dollar Index Futures was up 0.06% at 103.47.

This post appeared first on investing.com
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