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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.06%

Staff by Staff
December 12, 2022
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© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.06%

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 declined 1.06% to hit a new 52-week low.

The best performers of the session on the were Tourism Enterprise Co. (TADAWUL:), which rose 6.23% or 1.32 points to trade at 22.52 at the close. Meanwhile, International Company for Water and Power Projects (ACWA Power) (TADAWUL:) added 4.39% or 5.80 points to end at 138.00 and Saudi Printing & Packaging Company (TADAWUL:) was up 2.30% or 0.44 points to 19.60 in late trade.

The worst performers of the session were Tihama Advertising&Public Relations (TADAWUL:), which fell 9.98% or 10.50 points to trade at 94.70 at the close. Nama Chemicals Co. (TADAWUL:) declined 9.95% or 3.70 points to end at 33.50 and Saudi Advanced Industries Co. (TADAWUL:) was down 9.86% or 3.10 points to 28.35.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 205 to 34 and 12 ended unchanged.

Shares in Saudi Advanced Industries Co. (TADAWUL:) fell to 52-week lows; losing 9.86% or 3.10 to 28.35.

Crude oil for January delivery was up 0.18% or 0.13 to $71.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.88% or 0.67 to hit $76.82 a barrel, while the February Gold Futures contract rose 0.44% or 7.90 to trade at $1,809.40 a troy ounce.

EUR/SAR was down 0.19% to 3.96, while USD/SAR unchanged 0.00% to 3.76.

The US Dollar Index Futures was up 0.14% at 104.90.

Read the full article here

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