Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.20%

investing.com 05/11/2024 - 12:45 PM

Saudi Arabia Stock Market Overview

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Insurance, Energy & Utilities, and Hotels & Tourism sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.20%.

Best Performers

  • Riyadh Cables Group Company CJSC (TADAWUL:4142) rose 6.95% or 7.60 points to trade at 117.00.
  • Arabian Cement Co (TADAWUL:3010) added 4.51% or 1.10 points to end at 25.50.
  • Al Moammar Information Systems Co CJSC (TADAWUL:7200) was up 4.38% or 7.80 points to 185.80 in late trade.

Worst Performers

  • Wataniya Insurance Company (TADAWUL:8300) fell 9.96% or 2.66 points to trade at 24.04.
  • Al Etihad Cooperative Insurance Co SJSC (TADAWUL:8170) declined 9.34% or 1.90 points to end at 18.44.
  • Saudi Enaya Cooperative Insurance (TADAWUL:8311) was down 5.02% or 0.74 points to 14.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 171 to 127, with 29 ending unchanged.

Commodity Market

  • Crude oil for December delivery was up 0.80% or 0.57 to $72.04 a barrel.
  • Brent oil for delivery in January rose 0.72% or 0.54 to hit $75.62 a barrel.
  • December Gold Futures contract rose 0.07% or 1.80 to trade at $2,748.00 a troy ounce.

Currency Exchange

  • EUR/SAR was up 0.23% to 4.09, while USD/SAR remained unchanged at 3.76.
  • The US Dollar Index Futures was down 0.12% at 103.67.



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