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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.18%

by December 25, 2024
written by December 25, 2024

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Media & Publishing, Agriculture & Food and Petrochemicals sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.18%.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which rose 8.33% or 0.04 points to trade at 0.52 at the close. Meanwhile, Red Sea Housing Services Company (TADAWUL:4230) added 6.32% or 3.60 points to end at 60.60 and Saudi Industrial Development Co. (TADAWUL:2130) was up 5.07% or 1.45 points to 30.05 in late trade.

The worst performers of the session were MBC Group CJSC (TADAWUL:4072), which fell 3.31% or 1.80 points to trade at 52.50 at the close. Bawan (TADAWUL:1302) declined 3.05% or 1.70 points to end at 54.10 and Savola Group (TADAWUL:2050) was down 2.97% or 1.10 points to 35.90.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 181 to 114 and 38 ended unchanged.

Crude oil for February delivery was down 0.09% or 0.06 to $70.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.24% or 0.90 to hit $73.22 a barrel, while the February Gold Futures contract unchanged 0.00% or 0.00 to trade at $2,633.50 a troy ounce.

EUR/SAR was unchanged 0.00% to 3.90, while USD/SAR fell 0.17% to 3.75.

The US Dollar Index Futures was up 0.18% at 108.00.

This post appeared first on investing.com
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