Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.31%

imageStock Markets36 minutes ago (Apr 12, 2021 10:15AM ET)

(C) Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.31% – Saudi Arabia stocks were lower after the close on Monday, as losses in the Financial Services, Telecoms & IT and Insurance sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.31%.

The best performers of the session on the Tadawul All Share were AlJazira Mawten REIT (SE:4331), which rose 10.00% or 2.50 points to trade at 27.50 at the close. Meanwhile, Alkhorayef Water and Power Technologies Co (SE:2081) added 9.88% or 10.20 points to end at 113.40 and Taleem REIT Fund (SE:4333) was up 9.03% or 1.30 points to 15.70 in late trade.

The worst performers of the session were Eastern Province Cement Co. (SE:3080), which fell 7.19% or 4.10 points to trade at 52.90 at the close. Tabuk Agriculture Development Co (SE:6040) declined 6.02% or 1.80 points to end at 28.10 and ALAHLI TAKAFUL COMPANY (SE:8130) was down 3.16% or 1.25 points to 38.35.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 96 to 92 and 17 ended unchanged.

Shares in AlJazira Mawten REIT (SE:4331) rose to all time highs; gaining 10.00% or 2.50 to 27.50. Shares in Taleem REIT Fund (SE:4333) rose to 3-years highs; gaining 9.03% or 1.30 to 15.70.

Crude oil for May delivery was up 2.02% or 1.20 to $60.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.76% or 1.11 to hit $64.06 a barrel, while the June Gold Futures contract fell 0.67% or 11.65 to trade at $1733.15 a troy ounce.

EUR/SAR was up 0.09% to 4.4665, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was down 0.05% at 92.112.

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.31%

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