Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.13%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.13%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Media & Publishing , Insurance and Petrochemicals sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.13%.

The biggest gainers of the session on the Tadawul All Share were Amana Cooperative Insurance Co (SE: 8310 ), which rose 9.96% or 1.68 points to trade at 18.54 at the close. Saudi Company for Hardware (SE: 4008 ) added 5.93% or 5.10 points to end at 91.10 and The Mediterranean&Gulf Insurance Co (SE: 8030 ) was up 5.68% or 0.84 points to 15.64 in late trade.

Biggest losers included Saudi Industrial Export Co (SE: 4140 ), which lost 9.92% or 9.70 points to trade at 88.10 in late trade. Al Baha Investment and Development Company SJSC (SE: 4130 ) declined 4.25% or 0.90 points to end at 20.30 and National Petrochemical Company (SE: 2002 ) shed 4.15% or 1.10 points to 25.40.

Advancing stocks outnumbered falling ones by 128 to 42 and 14 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for January delivery was up 2.41% or 1.29 to $54.72 a barrel. Meanwhile, Brent oil for delivery in January rose 2.09% or 1.31 to hit $63.84 a barrel, while the December Gold Futures contract rose 0.23% or 2.80 to trade at $1224.00 a troy ounce.

EUR/SAR was up 0.37% to 4.2816, while USD/SAR rose 0.01% to 3.7522.

The US Dollar Index Futures was down 0.24% at 96.485.

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