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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.21%

by October 20, 2024
written by October 20, 2024

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Energy & Utilities, Multi Investment and Retail sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.21%.

The best performers of the session on the Tadawul All Share were Arabian Drilling Co (TADAWUL:2381), which rose 6.21% or 6.60 points to trade at 112.80 at the close. Meanwhile, Red Sea Housing Services Company (TADAWUL:4230) added 6.19% or 3.90 points to end at 66.90 and Sadr Logistics Co (TADAWUL:1832) was up 3.63% or 0.13 points to 3.71 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which fell 7.41% or 0.02 points to trade at 0.25 at the close. Saudi Fisheries Co. (TADAWUL:6050) declined 3.75% or 1.00 points to end at 25.70 and Al Etihad Cooperative Insurance Co SJSC (TADAWUL:8170) was down 3.50% or 0.78 points to 21.48.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 179 to 119 and 23 ended unchanged.

Crude oil for December delivery was down 1.78% or 1.25 to $68.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.87% or 1.39 to hit $73.06 a barrel, while the December Gold Futures contract rose 1.07% or 28.90 to trade at $2,736.40 a troy ounce.

EUR/SAR was up 0.25% to 4.08, while USD/SAR unchanged 0.00% to 3.76.

The US Dollar Index Futures was down 0.33% at 103.31.

This post appeared first on investing.com
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