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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.62% By Investing.com

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

At the close in Saudi Arabia, the index lost 1.62%, reaching a new low in 3 months.

Among the leading stocks today, the Saudi Dairy and Food Products Company (Tadawul:) emerged, whose value rose 9.97%, or 35.00 points, and its price reached 386.20 at close. Al-Jouf Agricultural Development Company (Tadawul) shares rose by 9.94%, or 5.20 points, and closed at 57.50. Integrated East Pipes The company's shares for industry (Tadawul) rose by 5.55%, or 9.00 points, to reach 171.20 at the end of the session.

As for the weakest performance at the end of today’s trading, the shares of Thimaar Development Holding Company (Tadawul:) closed down by 9.94%, or 1.56 points, and traded at 14.14 levels at the close. Food Development Company K.S.C (Tadawul:) fell by 9.93%, or 14.20 points, at a price of 128.80, and the shares of Walaa Cooperative Insurance Company (TADAWUL:) fell by 9.91%, or 3.25 points, at a price of 29.55.

The number of declining stocks outnumbered the rising stocks on the Saudi Stock Exchange by 176 to 108, and 18 stocks closed unchanged.

Shares of East Integrated Pipelines Company for Industry (Tadawul:) rose to their highest levels ever. It rose 5.55% or 9.00 to 171.20.

Crude oil futures for June delivery fell 1.34%, or 1.06, to close at $78.20 per barrel. Elsewhere in commodities trading, Brent crude for July delivery fell 1.31%, or 1.10, to $82.78 per barrel, while the June gold contract rose 1.14%, or 26.60, to $2,366.90 per ounce.

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The EUR/SAR pair was unchanged by 0.09% to 4.04, while the USD/SAR remained unchanged by 0.01% to 3.75.

US Dollar Index futures rose 0.07% to 105.18.

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