JEDDAH – Saudi equities were lower at the close on Sunday, as losses in the Industrial Investment, Hotels & Tourism and Petrochemicals sectors propelled shares lower.
The stock benchmark Tadawul All Share Index declined 0.24%.
The biggest gainers of the session on the Tadawul All Share were Trade Union Cooperative Insurance, which rose 6.63% or 1.20 points to trade at 19.30 at the close. Al-Ahlia Insurance Company added 6.53% or 0.80 points to end at 13.05 and National Gas & Industrialization Co was up 3.20% or 1.10 points to 35.50 in late trade.
Biggest losers included National Agriculture Development Co, which lost 4.46% or 1.50 points to trade at 32.10 in late trade. Alinma Bank declined 2.67% or 0.40 points to end at 14.60 and Sahara shed 2.53% or 0.40 points to 15.40.
Declining stocks outnumbered rising ones by 101 to 56 and 20 ended unchanged on the Saudi Arabia Stock Exchange.
In commodities trading, crude oil for May delivery was up 1.18% or 0.61 to $52.31 a barrel. Meanwhile, Brent oil for delivery in June rose 0.62% or 0.34 to hit $55.23 a barrel, while the June Gold Futures contract rose 0.21% or 2.65 to trade at $1255.95 a troy ounce. — SG/Agencies
