Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.01%

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At the close in Saudi Arabia, the Tadawul All Share fell 2.01%.

The best performers of the session on the Tadawul All Share were Saudi Arabian Cooperative Insurance (SE:8100), which rose 8.57% or 0.84 points to trade at 10.64 at the close. Meanwhile, Alujain Corporation (SE:2170) added 5.06% or 1.30 points to end at 27.00 and Al Sorayai Trading&Industrial Group (SE:1213) was up 4.36% or 0.48 points to 11.48 in late trade.

The worst performers of the session were Arab National Bank (SE:1080), which fell 6.68% or 1.36 points to trade at 19.00 at the close. Banque Saudi Fransi (SE:1050) declined 5.55% or 1.65 points to end at 28.10 and Rabigh Refining & Petrochemical Co (SE:2380) was down 5.38% or 0.80 points to 14.08.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 132 to 58 and 8 ended unchanged.

Crude oil for May delivery was down 7.49% or 1.88 to $23.21 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.16% or 0.05 to hit $31.82 a barrel, while the June Gold Futures contract rose 4.07% or 68.50 to trade at $1752.80 a troy ounce.

EUR/SAR was up 0.08% to 4.1120, while USD/SAR unchanged 0.00% to 3.7600.

The US Dollar Index Futures was down 0.64% at 99.530.

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