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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.53% By Investing.com

by equitieswatch
April 24, 2022
in Stock Market

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© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.53%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the fell 0.53%.

The best performers of the session on the were Al ELM Information Security Company CJSC (TADAWUL:), which rose 6.89% or 15.40 points to trade at 239.00 at the close. Meanwhile, Alkhorayef Water and Power Technologies Co (TADAWUL:) added 6.33% or 6.60 points to end at 110.80 and Nama Chemicals Co. (TADAWUL:) was up 3.95% or 1.50 points to 39.50 in late trade.

The worst performers of the session were Salama Cooperative Insurance Co (TADAWUL:), which fell 9.96% or 1.44 points to trade at 13.02 at the close. Al Hassan Ghazi Ibrahim Shaker (TADAWUL:) declined 6.25% or 1.24 points to end at 18.60 and Rabigh Refining & Petrochemical Co (TADAWUL:) was down 5.95% or 1.75 points to 27.65.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 178 to 46 and 11 ended unchanged.

Shares in Salama Cooperative Insurance Co (TADAWUL:) fell to 52-week lows; losing 9.96% or 1.44 to 13.02. Shares in Al Hassan Ghazi Ibrahim Shaker (TADAWUL:) fell to 52-week lows; down 6.25% or 1.24 to 18.60.

Crude oil for June delivery was down 1.97% or 2.04 to $101.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.97% or 2.13 to hit $106.20 a barrel, while the June Gold Futures contract fell 0.81% or 15.70 to trade at $1,932.50 a troy ounce.

EUR/SAR was down 0.34% to 4.05, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.51% at 101.13.

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