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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.29%

by December 24, 2024
written by December 24, 2024

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Industrial Investment, Transport and Retail sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.29%.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which rose 9.09% or 0.04 points to trade at 0.48 at the close. Meanwhile, Saudi Chemical Company (TADAWUL:2230) added 4.66% or 0.43 points to end at 9.66 and Shatirah House Restaurant Co (TADAWUL:6016) was up 4.41% or 0.90 points to 21.30 in late trade.

The worst performers of the session were Middle East Specialized Cables Co (TADAWUL:2370), which fell 4.29% or 1.85 points to trade at 41.25 at the close. Saudi Arabian Amiantit Co. (TADAWUL:2160) declined 3.23% or 0.95 points to end at 28.45 and Jazan Development Co. (TADAWUL:6090) was down 2.91% or 0.38 points to 12.68.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 209 to 110 and 18 ended unchanged.

Crude oil for February delivery was up 0.74% or 0.51 to $69.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.68% or 0.49 to hit $72.81 a barrel, while the February Gold Futures contract rose 0.07% or 1.84 to trade at $2,630.04 a troy ounce.

EUR/SAR was unchanged 0.10% to 3.91, while USD/SAR unchanged 0.06% to 3.75.

The US Dollar Index Futures was up 0.08% at 107.89.

This post appeared first on investing.com
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