Saudi Arabia Stocks Decline as Energy Sector Loses, Saudi Cable Company Hits 52-Week High
Key Points: Saudi Arabia's stocks declined, led by losses in the Hotels & Tourism, Transport, and Energy & Utilities sectors. Tadawul All Share index saw a 0.31% decline. Saudi Arabian Amiantit Co. (TADAWUL:2160) was among the top performers, registering a significant increase by the session's end. Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange, with 166 stocks declining, 113 advancing, and 19 remaining unchanged. Saudi Cable Company (TADAWUL:2110) and CHUBB Arabia Cooperative Insurance (TADAWUL:8240) reached notable highs during the session. Saudi Arabia stocks experienced a downturn in Sunday's trading session. Losses were primarily observed in the Hotels...