Investing.com – Saudi Arabia stocks saw a decline after the market closed on Sunday, with losses in the , and sectors leading shares lower.
At the close in Saudi Arabia, the declined by 0.30%.
Leading the session on the were Etihad Atheeb Telecommunication (TADAWUL:), which rose by 9.98% or 10.00 points to trade at 110.20 at the close. Additionally, International Company for Water and Power Projects (ACWA Power) (TADAWUL:) added 6.65% or 24.20 points to end at 388.00, and Saudi Steel Pipe Company (TADAWUL:) was up by 6.15% or 4.40 points to 75.90 in late trade.
On the other hand, the worst performers of the session were Sahara International Petrochemical Company SJSC (TADAWUL:), which fell by 4.72% or 1.70 points to trade at 34.35 at the close. Arab National Bank (TADAWUL:) declined by 4.08% or 1.25 points to end at 29.35, and Saudi National Bank (TADAWUL:) was down by 3.28% or 1.35 points to 39.85.
There were more falling stocks than advancing ones on the Saudi Arabia Stock Exchange, with 161 falling, 134 advancing, and 14 remaining unchanged.
Etihad Atheeb Telecommunication (TADAWUL:) saw its shares rise to 5-year highs, up by 9.98% or 10.00 to 110.20. Shares in International Company for Water and Power Projects (ACWA Power) (TADAWUL:) reached all-time highs, gaining 6.65% or 24.20 to 388.00.
Crude oil for May delivery increased by 0.51% or 0.43 to $85.45 a barrel. In commodities trading, Brent oil for delivery in June rose by 0.46% or 0.41 to reach $90.15 a barrel, while the June Gold Futures contract fell by 0.53% or 12.50 to trade at $2,360.20 a troy ounce.
EUR/SAR dropped by 0.83% to 3.99, while USD/SAR remained unchanged at 3.75.
The US Dollar Index Futures rose by 0.72% to 105.82.
