Investing.com – Saudi Arabia’s stock market fell after Thursday’s close as losses in the Saudi Arabian sectors sent shares lower.
At the close of trading in Saudi Arabia, quotes decreased by 0.33%.
The top gainers of the session were Mediterranean&Gulf Insurance Co (TADAWUL:), which rose 6.48% or 1.46 points to close at 12:00 p.m. Meanwhile, Al Yamama Steel Industries Co. (TADAWUL:) gained 5.30% or 2.05 points to end at 40.75 and Bupa Arabia for Coop. Insurance shares (TADAWUL:) were up 5.27%, or 13.20 points, at 263.80 in late trade.
The worst performers of the session were Saudi Research and Marketing Group (TADAWUL:), which fell 10.00% or 32.00 points to close at 288.00. Al-Mawarid SCJSC (TADAWUL:) was down 9.01%, or 12.80 points, to finish at 129.20, while Saudi Cable Company (TADAWUL:) was down 7.82%, or 7.90 points. , to the level of 93.10.
Declining shares outnumbered advancing ones on the Saudi Arabian Stock Exchange by 212 versus 72, while 19 stocks ended unchanged.
Shares of The Mediterranean & Gulf Insurance Co (TADAWUL:) rose to a three-year high; up to 6.48% or 1.46 by 24.00. Al Yamamah Steel Industries Co (TADAWUL:) shares rise to 52-week high; to 5.30% or from 2.05 to 40.75. Bupa Arabia promotions for Coop. Insurance (TADAWUL:) rises to all-time high; up by 5.27% or from 13.20 to 263.80.
Oil for May delivery rose 1.70%, or 1.38, to $82.73 a barrel. In commodities trading, Brent crude for June delivery rose 1.45%, or 1.24, to $86.65 a barrel, while June gold futures rose 0.70%, or 15.50. and traded at $2,228.20 per troy ounce.
EUR/SAR was down 0.33% at 4.05, while USD/SAR was unchanged 0.00% at 3.75.
US Dollar Index futures rose 0.18% to 104.25.