Sunday 21 February 2016

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.06%

February 21 2016

Category: Stock Market
Saudi Arabia stocks were lower after the close on Sunday, as losses in the Media&Publishing, Transport and Petrochemicals sectors led shares lower.At the close in Saudi Arabia, the Tadawul All Share declined 0.06%.The best performers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication (SE:7040), which rose 10.26% or 0.40 points to trade at 4.30 at the close. Meanwhile, BURUJ COOPERATIVE INSURANCE CO (SE:8270) added 10.00% or 1.55 points to end at 17.05 and Takween Advanced Industries (SE:1201) was up 9.81% or 1.80 points to 20.15 in late trade.The worst performers of the session were Dur Hospitality (SE:4010), which fell 4.50% or 1.10 points to trade at 23.35 at the close. Saudi Marke (SE:4006) declined 4.20% or 2.00 points to end at 45.60 and Saudi Kayan Petrochemical Company (SE:2350) was down 4.04% or 0.20 points to 4.75.Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 103 to 45 and 19 ended unchanged.Crude oil for April delivery was down 2.98% or 0.98 to $31.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 3.44% or 1.18 to hit $33.10 a barrel, while the April Gold contract rose 0.02% or 0.30 to trade at $1226.60 a troy ounce.EUR/SAR was up 0.19% to 4.1743, while USD/SAR fell 0.02% to 3.7502.The US Dollar Index was down 0.23% at 96.62.

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