Investing.com – Saudi Arabia’s stock market fell after the close on Monday as losses in the Saudi Arabian sectors sent shares lower.
At the close of trading in Saudi Arabia, the index fell 0.16% to hit a new three-month low.
The leaders of the session were shares of Saudi Paper Manufacturing Co. (TADAWUL:), which rose 4.89% or 3.50 points to trade at 75.10 at the close. Meanwhile, CHUBB Arabia Cooperative Insurance (TADAWUL:) rose 1.30 points, 3.96%, to close at 34.10, while Middle East Specialized Cables Co (TADAWUL:) rose 3 .46%, or 1.10 points, to 32.85.
The worst performance of the session was East Pipes Integrated Industrials Company (TADAWUL:), which fell 5.84% or 9.00 points, closed at 145.00. Riyadh Cables Group Company CJSC (TADAWUL:) shares fell 5.90 points, or 5.58%, to end at 99.90. Middle East healthcare company Shares of CJSC (TADAWUL:) decreased by 3.78%, or 2.90 points, to 73.90.
Declining shares outnumbered advancing ones on the Saudi Arabian Stock Exchange by 142 to 140, with 22 ending unchanged.
Oil for July delivery rose 0.75%, or 0.58, to $78.30 a barrel. In commodities trading, Brent crude for August delivery rose 0.73%, or 0.60, to $82.44 a barrel, while June gold futures rose 0.63%, or 14.70. up to $2349.20 per troy ounce.
EUR/SAR was unchanged 0.09% at 4.07 and USD/SAR was unchanged 0.00% at 3.75.
US Dollar Index futures fell 0.02% to 104.62.