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

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Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Cement, Retail and Insurance sectors led shares lower.

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

The best performers of the session on the Tadawul All Share were Tourism Enterprise Co. (TADAWUL:4170), which rose 9.20% or 0.08 points to trade at 0.95 at the close. Meanwhile, Al Hammadi Co (TADAWUL:4007) added 7.64% or 4.10 points to end at 57.80 and Saudia Dairy and Foodstuff .Co (TADAWUL:2270) was up 6.10% or 21.40 points to 372.00 in late trade.

The worst performers of the session were Rabigh Refining & Petrochemical Co (TADAWUL:2380), which fell 5.56% or 0.68 points to trade at 11.54 at the close. Saudi Pharmaceutical Appliances (TADAWUL:2070) declined 3.45% or 1.50 points to end at 42.00 and Advanced Petrochemical Company (TADAWUL:2330) was down 2.56% or 1.15 points to 43.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 132 to 124 and 21 ended unchanged.

Shares in Al Hammadi Co (TADAWUL:4007) rose to all time highs; rising 7.64% or 4.10 to 57.80. Shares in Saudia Dairy and Foodstuff .Co (TADAWUL:2270) rose to all time highs; up 6.10% or 21.40 to 372.00.

Crude oil for July delivery was up 3.92% or 2.63 to $69.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 3.79% or 2.72 to hit $74.56 a barrel, while the August Gold Futures contract fell 0.22% or 4.25 to trade at $1,965.45 a troy ounce.

EUR/SAR was up 0.20% to 4.04, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.24% at 102.98.

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