Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.22%

  • December 16, 2024

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Insurance , Agriculture & Food and Industrial Investment sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 1.22%.

The best performers of the session on the Tadawul All Share were Savola Group (TADAWUL: 2050 ), which rose 9.89% or 2.75 points to trade at 30.55 at the close. Meanwhile, Arriyadh Development Co. (TADAWUL: 4150 ) added 3.92% or 1.15 points to end at 30.50 and Bawan (TADAWUL: 1302 ) was up 3.84% or 2.00 points to 54.10 in late trade.

The worst performers of the session were Almarai Company (TADAWUL: 2280 ), which fell 4.27% or 2.60 points to trade at 58.30 at the close. Jahez International Company for Information Systems Technology SCJSC (TADAWUL: 6017 ) declined 4.23% or 1.35 points to end at 30.55 and United Int Transportation Company (TADAWUL: 4260 ) was down 3.71% or 2.90 points to 75.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 243 to 75 and 18 ended unchanged.

Shares in Arriyadh Development Co. (TADAWUL: 4150 ) rose to 3-years highs; gaining 3.92% or 1.15 to 30.50. Shares in Bawan (TADAWUL: 1302 ) rose to 5-year highs; up 3.84% or 2.00 to 54.10.

Crude oil for January delivery was down 1.67% or 1.18 to $69.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.99% or 0.73 to hit $73.18 a barrel, while the February Gold Futures contract fell 0.48% or 12.71 to trade at $2,657.29 a troy ounce.

EUR/SAR was down 0.17% to 3.94, while USD/SAR unchanged 0.00% to 3.76.

The US Dollar Index Futures was up 0.10% at 106.67.