Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40%


Stock Markets1 hour ago (May 07, 2020 10:15AM ET)

© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40%© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40% – Saudi Arabia stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the fell 0.40%.

The best performers of the session on the were Yamamah Saudi Cement Co. (SE:), which rose 3.95% or 0.72 points to trade at 18.96 at the close. Meanwhile, Mouwasat Medical Services Company (SE:) added 3.48% or 2.80 points to end at 83.30 and Saudi Ceramic Co. (SE:) was up 3.32% or 0.90 points to 28.00 in late trade.

The worst performers of the session were Arab Sea Information Systems Co SJSC (SE:), which fell 4.87% or 1.55 points to trade at 30.25 at the close. Abdullah Saad Mohammed Abo Moati Stationeries Co (SE:) declined 3.68% or 0.56 points to end at 14.64 and Al Hokair Group (SE:) was down 3.49% or 0.38 points to 10.52.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 128 to 58 and 13 ended unchanged.

Crude oil for June delivery was up 7.46% or 1.79 to $25.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 3.73% or 1.11 to hit $30.83 a barrel, while the June Gold Futures contract rose 0.80% or 13.55 to trade at $1702.05 a troy ounce.

EUR/SAR was down 0.16% to 4.0466, while USD/SAR rose 0.04% to 3.7565.

The US Dollar Index Futures was up 0.28% at 100.412.

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