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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.36%

by December 22, 2024
written by December 22, 2024

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Industrial Investment, Petrochemicals and Hotels & Tourism sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.36%.

The best performers of the session on the Tadawul All Share were Saudi vitrified clay pipes co. (TADAWUL:2360), which rose 9.89% or 3.50 points to trade at 38.90 at the close. Meanwhile, SHL Financing Company SJSC (TADAWUL:1183) added 6.43% or 1.10 points to end at 18.20 and Taiba Holding Co. (TADAWUL:4090) was up 4.97% or 1.85 points to 39.05 in late trade.

The worst performers of the session were Riyadh Cables Group Company CJSC (TADAWUL:4142), which fell 6.30% or 9.20 points to trade at 136.80 at the close. Al Hassan Ghazi Ibrahim Shaker (TADAWUL:1214) declined 5.15% or 1.45 points to end at 26.70 and Dr Sulaiman Al Habib Medical Group (TADAWUL:4013) was down 4.02% or 12.00 points to 286.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 187 to 121 and 29 ended unchanged.

Crude oil for February delivery was up 0.12% or 0.08 to $69.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.08% or 0.06 to hit $72.56 a barrel, while the February Gold Futures contract rose 1.42% or 37.00 to trade at $2,645.10 a troy ounce.

EUR/SAR was up 0.51% to 3.91, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.74% at 107.35.

This post appeared first on investing.com
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