Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.91%

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

At the close in Saudi Arabia, the Tadawul All Share fell 0.91%.

The best performers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication (TADAWUL:7040), which rose 9.95% or 9.70 points to trade at 107.20 at the close. Meanwhile, Middle East Specialized Cables Co (TADAWUL:2370) added 6.28% or 2.55 points to end at 43.15 and Almajed 4 Oud Company SJSC (TADAWUL:4165) was up 5.82% or 9.20 points to 167.20 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which fell 7.89% or 0.03 points to trade at 0.35 at the close. International Company for Water and Power Projects (ACWA Power) (TADAWUL:2082) declined 7.35% or 35.00 points to end at 441.00 and Al Hokair Group (TADAWUL:1820) was down 5.07% or 0.15 points to 2.81.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 169 to 118 and 30 ended unchanged.

Shares in Middle East Specialized Cables Co (TADAWUL:2370) rose to 5-year highs; rising 6.28% or 2.55 to 43.15.

Crude oil for November delivery was down 2.10% or 1.59 to $73.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.94% or 1.53 to hit $77.51 a barrel, while the December Gold Futures contract fell 0.31% or 8.40 to trade at $2,667.90 a troy ounce.

EUR/SAR was down 0.23% to 4.10, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.31% at 103.00.