Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.04%

© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.04%© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.04%

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

At the close in Saudi Arabia, the lost 1.04% to hit a new 1-month low.

The best performers of the session on the were Arabian Shield Coop Insurance Co (SE:), which rose 9.93% or 4.50 points to trade at 49.80 at the close. Meanwhile, Al-Ahsa Development Co. (SE:) added 5.49% or 0.70 points to end at 13.45 and Tihama Advertising&Public Relations (SE:) was up 4.28% or 1.10 points to 26.80 in late trade.

The worst performers of the session were Nama Chemicals Co. (SE:), which fell 6.02% or 0.25 points to trade at 3.90 at the close. Middle East Specialized Cables Co (SE:) declined 4.57% or 0.40 points to end at 8.35 and Southern Province Cement Co. (SE:) was down 4.11% or 3.25 points to 75.75.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 128 to 34 and 9 ended unchanged.

Shares in Nama Chemicals Co. (SE:) fell to 5-year lows; down 6.02% or 0.25 to 3.90.

Crude oil for February delivery was up 0.27% or 0.14 to $ 52.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.27% or 0.15 to hit $ 55.09 a barrel, while the February Gold contract fell 0.24% or 2.90 to trade at $ 1182.00 a troy ounce.

EUR/SAR was down 0.05% to 3.9626, while USD/SAR rose 0.02% to 3.7510.

The US Dollar Index was up 0.10% at 102.02.

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