Business & Money | Monday 19 September, 2016 12:54 am |

Saudi stocks were lower after the close on Sunday, as losses in the Transport, Industrial Investment and Telecoms & IT sectors led shares lower.
The stock benchmark Tadawul All Share declined 1.89% or 6,060.07 in value.

The best performers of the session on the Tadawul All Share were Malath Cooperative Insurance Co, which rose 6.34% or 0.65 points to trade at 10.90 at the close. Meanwhile, Umm Al-Qura added 3.68% or 0.70 points to end at 19.70 and Saudia Dairy and Foodstuff Co was up 2.23% or 3.00 points to 137.50 in late trade.

The worst performers of the session were Saudi Transport & Investment Co, which fell 5.73% or 3.25 points to trade at 53.50 at the close. Saudi Industrial Export Co declined 5.07% or 1.80 points to end at 33.70 and The National Shipping Co. was down 5.07% or 1.80 points to 33.70.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 155 to 9 and 5 ended unchanged.

Crude oil for November delivery was unchanged 0.00% or 0.00 to $43.62 a barrel. Brent oil for delivery in November fell 1.22% or 0.57 to hit $46.02 a barrel, while the December. Gold contract fell 0.36% or 4.75 to trade at $1313.25 a troy ounce.

Elsewhere, Qatar’s share index climbed 0.4 percent with gainers outnumbering losers 12-to-8.
Dubai’s index was little changed after it had dropped 1.1 percent on Thursday, when it reopened after a week-long holiday.