Saudi stocks ended their trading on Tuesday with a decline, and the losses were led by the media and advertising sector, the multiple investment sector, and the industrial investment sector.
The Saudi general index fell in the Riyadh Stock Exchange, recording a decrease of 0.73%, and the number of declining shares exceeded the high ones, as the number of declining shares reached about 152 shares, compared to 12 high ones, while 15 shares remained stable without change.
The following stocks topped the high shares on the general index, as Al-Andalus Real Estate “SE:4320” rose by about 6.12%, to reap gains of 1.30 points, to close its trading at 22.55 riyals, and the Saudi Industrial Development Company “SE:2130” share continued to rise by 2.58% to gain 0.30 points, to end the trading day at 11.95 riyals, while the share of Knowledge Economic City “SE:4310” added gains by 1.73%, gaining 0.30 points, to reach the share at 17.60 riyals.
As for the Saudi stocks declining, the share of Gulf General Insurance “SE:8260” topped the decliners, as it fell by 4.59% to lose 0.75 points, to end its trading at a price of 15.60 riyals, and EXA Cooperative Insurance “SE:8250” lost by 4.40%, a value of 1.05 The share closed at a price of 22.80 riyals, and the share of Tabuk Agricultural Development Company “SE:6040” lost about 4.35%, losing 0.60 points, to reach the price of 13.20 riyals.
Commodities and Metals
Crude oil futures for “June delivery” rose by 0.18%, gaining $0.09, to reach the price of a barrel at the closing at $51.22, and Brent contracts for “July delivery” rose by 0.19%, gaining $0.10, to reach the price of $53.97 a barrel.
Gold contracts for “June delivery” also achieved a rise by 0.06%, to gain 0.72 dollars, to reach the price of an ounce at the close of trading at 1262.12 dollars.
EUR/SAR fell by 0.07% to reach the level of 4.2114, and the USD/SAR pair continued its decline by 0.00% to reach the level of 3.7503.
Falling stocks in the United Arab Emirates
Shares in the United Arab Emirates ended their trading on Tuesday with a decline, as losses led by the banking and financial companies sector and the basic commodities sector.
The Dubai Financial Market index ended its trading lower by about 0.78%, recording its lowest level in three months, and the Abu Dhabi index declined by 0.13%.
The following stocks topped the risers on the Dubai General Market Index, as the share of Amanat Holding Company “DU:AMANT” rose by about 2.68%, to reap gains of 0.030 points, to reach the share price at 1.150 dirhams, while the share of National Refrigeration “DU:TABR” continued to achieve gains by about 1.59%, or 0.030 points, to close the trading at 1.920 dirhams, and the share of Emaar Malls “DU:EMAA” added a gain of 1.15%, or 0.030 points, to close the trading at 2.630 dirhams.
As for the decliners, the share of the Dubai Financial Market “DU:DFM” fell by 3.57%, to lose 0.040 points, to reach the share price at the end of trading at 1.080 dirhams, and the share of the Gulf General Investment Company “DU:GGIC” decreased by losing about 3.39%, a value of 0.013 points. The share ended its trading at 0.370 dirhams, and DXB Entertainments "DU:DXBE" share declined by 2.18%, to lose 0.018 points, to reach at the closing at 0.807 dirhams.
As for the rising shares on the Abu Dhabi General Index, the share of Dana Gas “AD:DANA” came at the fore, as it recorded a rise by 2.38%, to reach the price of the share at 0.430 dirhams, while the share of Arkan Building Materials “AD:ARKN” continued to rise by 1.49% to end trading. At the price of 0.6800 dirhams, the share of Abu Dhabi Commercial Bank “AD:ADCB” added 0.68% gains, to close at 7.35 dirhams.