Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.07%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Telecoms & IT, Energy & Utilities and Financial Services sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.07%.

The best performers of the session on the Tadawul All Share were Saudi Darb Investment Co (TADAWUL:4130), which rose 9.94% or 0.35 points to trade at 3.87 at the close. Meanwhile, Saudi RE Cooperative Reinsurance (TADAWUL:8200) added 9.83% or 4.30 points to end at 48.05 and Anaam International Holding Group (TADAWUL:4061) was up 9.33% or 1.60 points to 18.74 in late trade.

The worst performers of the session were Mobile Telecommunications Company (TADAWUL:7030), which fell 4.15% or 0.54 points to trade at 12.46 at the close. Arabian Internet and Communications Services Co CSJC (TADAWUL:7202) declined 3.66% or 11.40 points to end at 300.00 and Derayah Financial CJSC (TADAWUL:4084) was down 2.91% or 0.90 points to 30.05.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 196 to 134 and 21 ended unchanged.

Crude oil for June delivery was up 0.37% or 0.23 to $63.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.48% or 0.32 to hit $65.80 a barrel, while the June Gold Futures contract fell 1.50% or 50.20 to trade at $3,298.40 a troy ounce.

EUR/SAR was down 0.19% to 4.26, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.09% at 99.25.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.Should you invest $2,000 in 8200 right now?

Before you buy stock in 8200, consider this: ProPicks AI are 6 easy-to-follow model portfolios created by Investing.com for building wealth by identifying winning stocks and letting them run. Over 150,000 paying members trust ProPicks to find new stocks to buy – driven by AI. The ProPicks AI algorithm has just identified the best stocks for investors to buy now. The stocks that made the cut could produce enormous returns in the coming years. Is 8200 one of them?

Reveal Undervalued Stocks Now