Tadawul All Share Index down 1.20%

Tadawul All Share Index down 1.20%

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Tadawul All Share Index down 1.20%JEDDAH – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Media & Publishing, Energy & Utilities and Retail sectors led shares lower.

At the close, the stock benchmark Tadawul All Share Index fell 1.20% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Bank AlJazira, which rose 9.85% or 1.30 points to trade at 14.50 at the close. Meanwhile, Amana Cooperative Insurance Co added 4.69% or 0.90 points to end at 20.10 and United Electronics Company was up 2.86% or 0.80 points to 28.80 in late trade.

The worst performers of the session were Saudi United Cooperative Insurance, which fell 5.53% or 1.45 points to trade at 24.75 at the close. Bawan declined 4.83% or 0.95 points to end at 18.70 and Saudi Fisheries Co. was down 4.53% or 0.55 points to 11.60.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 154 to 14 and 9 ended unchanged.

Crude oil for April delivery was down 1.79% or 0.88 to $48.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 1.71% or 0.89 to hit $51.30 a barrel, while the April Gold Futures contract rose 0.10% or 1.25 to trade at $1204.45 a troy ounce. — SG/Agencies

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