Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.61%

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

At the close in Saudi Arabia, the declined 0.61% to hit a new 3-months low.

The best performers of the session on the were Saudi Steel Pipe Company (TADAWUL:), which rose 5.14% or 1.80 points to trade at 36.80 at the close. Meanwhile, Savola Group (TADAWUL:) added 3.65% or 1.30 points to end at 36.90 and Southern Province Cement Co. (TADAWUL:) was up 3.46% or 1.55 points to 46.35 in late trade.

The worst performers of the session were Walaa Cooperative Insurance Company SJSC (TADAWUL:), which fell 9.98% or 1.90 points to trade at 17.14 at the close. Etihad Atheeb Telecommunication (TADAWUL:) declined 6.68% or 8.80 points to end at 123.00 and Saudi Research and Marketing Group (TADAWUL:) was down 6.61% or 11.40 points to 161.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 215 to 54 and 16 ended unchanged.

Shares in Saudi Research and Marketing Group (TADAWUL:) fell to 52-week lows; falling 6.61% or 11.40 to 161.00.

Crude oil for November delivery was up 0.88% or 0.79 to $90.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.57% or 0.54 to hit $94.47 a barrel, while the December Gold Futures contract rose 0.01% or 0.15 to trade at $1,946.35 a troy ounce.

EUR/SAR was unchanged 0.06% to 4.00, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.02% at 104.96.