The Saudi stock indices concluded their trading today, Tuesday, in the red zone, as the media and advertising sector, the multi-investment sector, and retail led the declining sectors.
The Saudi general index fell in the Riyadh Stock Exchange, recording losses by 0.45%, as the number of declining shares exceeded the higher ones, as it recorded 128 declining shares against 35 gainers, while 13 shares remained unchanged.
As for the high Saudi stocks that topped the general index: Al-Andalus Real Estate “SE:4320” came at the fore, increasing by 0.96 points, or by 4.17%, to end its trading at 23.96 riyals, and Al-Hammadi for Development and Investment “SE:4007” continued to achieve gains by about 3.261 TP2T, or 1.40 points, to close at 40.75 riyals, and the share of ACE Arabia for Cooperative Insurance “SE:8240” gained 1.30 points, or by 2.91%, to reach the share at 45.90 riyals.
As for the declining share: the share of Al-Jazira Mutan for Real Estate Income REIT “SE:4331” lost about 4.00%, a value of 0.76 points, to end its trading at a price of 18.22 riyals, and the share of the Saudi Fisheries Company “SE:6050” lost towards 4.00%, or a value of 1.15 The share ended the trading session at a price of 27.60 riyals, and the share of Etihad Atheeb Telecom Company “SE:7040” lost about 3.37%, or a value of 0.300 points, to reach the share price at 8,600 riyals.
Commodities and Metals
Al-Awwaj crude oil futures for July delivery decreased by 0.34%, losing 0.16 dollars, to reach the price of a barrel at 47.24 dollars.
As for gold contracts, “August delivery”, it rose by about 0.99%, or 12.67 points, to reach the price of an ounce at $1295.37.
Currencies:
The EUR/SAR pair rose by 0.05%, to trade at the level of 4.2232 riyals, while the USD/SAR pair continued its rise by 0.02%, to trade at the level of 3.7506 riyals.
Mixed performance of stocks in the UAE
Stocks in the United Arab Emirates ended their trading on Tuesday with mixed performance. The financial services sector, the investment sector, and the transportation and communications sector were the rising sectors, while the real estate and construction sector, the basic commodities sector, and the insurance sector were the declining sectors.
The Dubai Financial Market Index rose by 0.15% while the Abu Dhabi Index declined by 0.54%.
As for the rising shares on the Dubai Financial Index: The Dubai Financial Market “DU:DFM” share led the rise, as it achieved gains by 5.56%, or a value of 0.060 points, to end trading at a price of 1,140 dirhams, and the Dubai Investments share “DU:DINV” continued its rise The stock increased by 3.38%, or 0.070 points, to close the session at 2,140 dirhams, while the share of the Gulf General Investments Company “DU:GGIC” concluded its trading, adding gains of 1.62%, or 0.006 points, to reach the price at closing of 0.376 dirhams.
As for the declining shares on the Dubai Financial Index: Takaful Emirates “DU:TKFE” share came at the forefront of the decliners, as it lost about 2.55%, or 0.060 points, to reach the price of 2.290 dirhams, and the share of National Cooling “DU:TABR” lost about 1.571 TP2T, or 0.030 points, to reach the share price at 1.880 dirhams, and the share of Emaar Properties “DU:EMAR” lost 1.41%, or 0.100 points, to reach the share price at 7.00 dirhams.
As for the advancing shares on the Abu Dhabi index: the stock index of Arkan Building Materials “AD:ARKN” increased by 2.94%, to reach the price of 0.7000 dirhams, and the share of Aldar Properties “AD:ALDR” continued to rise by 1.80 to reach the share price at 2,260 dirhams. While the share of Dar Finance "AD:FH" settled at its levels without change, bringing the share price at 1,600 dirhams.
As for the declining shares on the Abu Dhabi index: the Emirates Driving Company “AD:DRIV” share lost about 7.22%, to end its trading at 9.00 dirhams, and the share of Dana Gas “AD:DANA” lost 2.13%, to close its trading at 0.460 dirhams.
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