Saudi Arabia's Tadawul All Share dropped 2.65% on Sunday to a new 5-year low. Decliners outnumbered advancers by 318 to 21, while oil rose and gold fell.
The Tadawul All Share lost 2.65% at the close on Sunday and hit a new 5-year low. Losses in the Retail, Industrial Investment and Building & Construction sectors led shares lower, according to Investing.com.
Falling stocks outnumbered advancing ones by 318 to 21 on the Saudi Arabia Stock Exchange, and nine ended unchanged.
Halwani Brothers and Raoom Trading lead the decliners
Halwani Brothers Co SJSC fell 10.00% or 2.46 points to 22.14, a 5-year low for the shares. Raoom Trading Company SJSC declined 9.99% or 7.45 points to end at 67.10.
Saudi Enaya Cooperative Insurance also slid 9.98% or 0.90 points to 8.12.
Among the best performers of the session, Watani Iron Steel Co rose 6.37% or 0.16 points to 2.67, AL Alaziziah REIT Fund Unit added 2.99% or 0.11 points to end at 3.79, and Dr Sulaiman Al Habib Medical Services Group Company was up 1.48% or 3.10 points to 213.00 in late trade.
Oil climbs while gold slips
In commodities, crude oil for December delivery was up 3.99% or 3.97 to $103.44 a barrel. Brent oil for January delivery rose 0.18% or 0.21 to hit $111.70 a barrel.
The December Gold Futures contract fell 1.24% or 50.40 to trade at $4,010.00 a troy ounce. In currencies, EUR/SAR was down 0.13% to 4.20, and the US Dollar Index Futures was down 0.05% at 101.60.
Source: Investing.com
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