Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.43%

investing.com 22/10/2024 - 12:45 PM

Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Hotels & Tourism, Media & Publishing, and Building & Construction sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.43%.

Best Performers

The best performers of the session on the Tadawul All Share were:
Methanol Chemicals Company (TADAWUL:2001): rose 7.77% or 1.30 points to trade at 18.04.
Al Baha Investment and Development Company SJSC (TADAWUL:4130): added 7.41% or 0.02 points to end at 0.29.
Sustained Infrastructure Holding Company SJSC (TADAWUL:2190): up 6.13% or 1.85 points to 32.05.

Worst Performers

The worst performers of the session were:
Development Works Food Co (TADAWUL:6013): fell 4.90% or 7.00 points to trade at 136.00.
Almajed 4 Oud Company SJSC (TADAWUL:4165): declined 3.25% or 5.20 points to 154.80.
Arabian Contracting Services Company CJSC (TADAWUL:4071): down 3.21% or 6.00 points to 181.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 209 to 76, with 31 ending unchanged.

Commodities Update

  • Crude oil (December delivery): up 1.01% or 0.71 to $70.75 a barrel.
  • Brent oil (December delivery): rose 0.90% or 0.67 to hit $74.96 a barrel.
  • December Gold Futures: rose 0.43% or 11.80 to trade at $2,750.70 a troy ounce.

Currency Update

  • EUR/SAR: unchanged 0.01% to 4.06.
  • USD/SAR: unchanged 0.02% to 3.76.
  • US Dollar Index Futures: down 0.02% at 103.82.



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