Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Agriculture & Food, Financial Services, and Telecoms & IT sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.97%.

Best Performers

The best performers of the session on the Tadawul All Share were:
– Nayifat Finance Co (TADAWUL:4081): rose 9.98% or 1.32 points to trade at 14.54 at the close.
– Red Sea Housing Services Company (TADAWUL:4230): added 9.94% or 4.30 points to end at 47.55.
– Saudi Industrial Export Co (TADAWUL:4140): was up 9.71% or 0.27 points to 3.05 in late trade.

Worst Performers

The worst performers of the session included:
– Arriyadh Development Co. (TADAWUL:4150): fell 3.27% or 0.85 points to trade at 25.15.
– Bindawood Holding Co (TADAWUL:4161): declined 3.09% or 0.22 points to end at 6.90.
– Maharah for Human Resources (TADAWUL:1831): was down 3.06% or 0.22 points to 6.96.

Market Overview

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange, with 208 falling compared to 91 advancing, while 17 ended unchanged.

Shares in Red Sea Housing Services Company (TADAWUL:4230) rose to 52-week highs; up 9.94% or 4.30 to 47.55.

Commodities Update

• Crude oil for October delivery was down 1.43% or 0.99 to $68.16 a barrel.
• Brent oil for delivery in November fell 2.24% or 1.63 to hit $71.06 a barrel.
• December Gold Futures contract fell 0.64% or 16.30 to trade at $2,526.80 a troy ounce.

Forex Update

• EUR/SAR was down 0.24% to 4.16.
• USD/SAR remained unchanged at 3.75.

The US Dollar Index Futures was up 0.07% at 101.14.