Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.55%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the declined 0.55% to hit a new 3-months low.

The best performers of the session on the were Saudi Steel Pipe Company (TADAWUL:), which rose 10.00% or 3.55 points to trade at 39.05 at the close. Meanwhile, Etihad Atheeb Telecommunication (TADAWUL:) added 9.99% or 14.60 points to end at 160.80 and Wafrah for Industry and Development Company SJSC (TADAWUL:) was up 9.99% or 3.80 points to 41.85 in late trade.

The worst performers of the session were Electrical Industries Co (TADAWUL:), which fell 5.76% or 2.55 points to trade at 41.70 at the close. Al ELM Information Security Company CJSC (TADAWUL:) declined 4.82% or 37.80 points to end at 746.80 and Al Moammar Information Systems Co CJSC (TADAWUL:) was down 4.82% or 7.40 points to 146.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 142 to 126 and 14 ended unchanged.

Shares in Saudi Steel Pipe Company (TADAWUL:) rose to 5-year highs; gaining 10.00% or 3.55 to 39.05. Shares in Etihad Atheeb Telecommunication (TADAWUL:) rose to 5-year highs; rising 9.99% or 14.60 to 160.80. Shares in Wafrah for Industry and Development Company SJSC (TADAWUL:) rose to 52-week highs; up 9.99% or 3.80 to 41.85.

Crude oil for October delivery was up 0.41% or 0.36 to $87.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.58% or 0.52 to hit $90.44 a barrel, while the December Gold Futures contract rose 0.01% or 0.10 to trade at $1,942.60 a troy ounce.

EUR/SAR was unchanged 0.02% to 4.01, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.02% at 104.71.