Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Industrial Investment, Petrochemicals, and Hotels & Tourism sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.36%.

Best Performers

The best performers of the session on the Tadawul All Share were:
– Saudi vitrified clay pipes co. (TADAWUL:2360): rose 9.89% or 3.50 points to trade at 38.90 at the close.
– SHL Financing Company SJSC (TADAWUL:1183): added 6.43% or 1.10 points to end at 18.20.
– Taiba Holding Co. (TADAWUL:4090): up 4.97% or 1.85 points to 39.05 in late trade.

Worst Performers

The worst performers of the session were:
– Riyadh Cables Group Company CJSC (TADAWUL:4142): fell 6.30% or 9.20 points to trade at 136.80.
– Al Hassan Ghazi Ibrahim Shaker (TADAWUL:1214): declined 5.15% or 1.45 points to end at 26.70.
– Dr Sulaiman Al Habib Medical Group (TADAWUL:4013): down 4.02% or 12.00 points to 286.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 187 to 121, and 29 ended unchanged.

Commodities Overview

• Crude oil for February delivery was up 0.12% or 0.08 at $69.46 a barrel.
• Brent oil for March rose 0.08% or 0.06 to $72.56 a barrel.
• The February Gold Futures contract rose 1.42% or 37.00 to trade at $2,645.10 a troy ounce.

Currency Update

• EUR/SAR was up 0.51% to 3.91.
• USD/SAR unchanged at 3.75.
• The US Dollar Index Futures was down 0.74% at 107.35.