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Saudi Arabia stock market closes lower; Saudi Arabia's TASI index down 0.06% at market close.
Investing.com – The Saudi Arabian stock market declined on Sunday, led lower by sectors such as hotels and tourism, agriculture and food, and energy and utilities.
At market close, the Saudi TASI index fell by 0.06%.
The best-performing stock in the Saudi TASI index was Pharmaceutical (TADAWUL:2070), which rose 8.11% (2.20 points) to close at 29.32. Meanwhile, Chemanol (TADAWUL:2001) increased by 7.38% (0.59 points), closing at 8.59; Shaker (TADAWUL:1214) gained 7.15% (1.09 points), ending the day at 16.34.
The weakest-performing stock was Modern Mills Company SJSC (TADAWUL:2284), which dropped 5.38% (1.56 points) to close at 27.44. Saudi Fisheries (TADAWUL:6050) declined 5.17% (2.20 points), closing at 40.38; Nat Industry (TADAWUL:2060) fell 4.98% (0.44 points), ending at 8.40.
A total of 181 stocks on the Saudi Stock Exchange declined, surpassing the 143 stocks that gained, while 21 stocks remained unchanged.
Saudi Fisheries (TADAWUL:6050) stock plummeted to a low, down 5.17% (2.20 points), closing at 40.38.
WTI crude oil futures for April rose 3.11% (2.98 points) to $98.71. For other futures, the May-delivered London Brent crude oil futures increased by 2.67% (2.68 points), trading at $103.14. Meanwhile, April gold futures declined by 1.25% (64.10), with a trading price of $5,061.70.
EUR/SAR decreased by 0.83%, with the exchange rate at 4.28; USD/SAR remained nearly flat, up 0.01%, at 3.75.
The US dollar index futures rose by 0.61%, reaching 100.36.