Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.72%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Energy & Utilities, Insurance and Real Estate Development sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.72%.

The best performers of the session on the Tadawul All Share were Kingdom Holding Company (TADAWUL:4280), which rose 9.93% or 0.97 points to trade at 10.74 at the close. Meanwhile, Anaam International Holding Group (TADAWUL:4061) added 8.55% or 0.10 points to end at 1.27 and Al Baha Investment and Development Company SJSC (TADAWUL:4130) was up 7.69% or 0.02 points to 0.28 in late trade.

The worst performers of the session were Retal Urban Development Company SJSC (TADAWUL:4322), which fell 5.95% or 0.92 points to trade at 14.54 at the close. Saudi Fisheries Co. (TADAWUL:6050) declined 5.79% or 1.65 points to end at 26.85 and Red Sea Housing Services Company (TADAWUL:4230) was down 4.10% or 2.70 points to 63.10.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 191 to 98 and 19 ended unchanged.

Shares in Kingdom Holding Company (TADAWUL:4280) rose to 52-week highs; up 9.93% or 0.97 to 10.74. Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130) rose to 3-years highs; gaining 7.69% or 0.02 to 0.28.

Crude oil for November delivery was up 2.17% or 1.52 to $71.62 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.95% or 1.44 to hit $75.34 a barrel, while the December Gold Futures contract fell 0.13% or 3.60 to trade at $2,666.10 a troy ounce.

EUR/SAR was unchanged 0.09% to 4.14, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was up 0.26% at 101.68.