Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.08%

  • January 21, 2025

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Energy & Utilities , Agriculture & Food and Hotels & Tourism sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.08%.

The best performers of the session on the Tadawul All Share were Rasan Information Technology (TADAWUL: 8313 ), which rose 9.99% or 8.00 points to trade at 88.10 at the close. Meanwhile, Saudi Cable Company (TADAWUL: 2110 ) added 9.97% or 11.60 points to end at 128.00 and Walaa Cooperative Insurance Company SJSC (TADAWUL: 8060 ) was up 6.24% or 1.34 points to 22.80 in late trade.

The worst performers of the session were International Company for Water and Power Projects (ACWA Power) (TADAWUL: 2082 ), which fell 3.49% or 15.20 points to trade at 420.00 at the close. Americana Restaurants International PLC (TADAWUL: 6015 ) declined 3.14% or 0.08 points to end at 2.47 and Almajed 4 Oud Company SJSC (TADAWUL: 4165 ) was down 3.03% or 5.00 points to 160.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 172 to 138 and 34 ended unchanged.

Shares in Rasan Information Technology (TADAWUL: 8313 ) rose to all time highs; gaining 9.99% or 8.00 to 88.10. Shares in Saudi Cable Company (TADAWUL: 2110 ) rose to 3-years highs; up 9.97% or 11.60 to 128.00.

Crude oil for March delivery was down 2.35% or 1.82 to $75.57 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.51% or 1.21 to hit $78.94 a barrel, while the February Gold Futures contract fell 0.47% or 12.84 to trade at $2,735.86 a troy ounce.

EUR/SAR was down 0.62% to 3.88, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was down 0.58% at 108.57.