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 Petrochemicals , Cement and Financial Services sectors propelled shares higher.

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

The biggest gainers of the session on the Tadawul All Share were Rabigh Refining & Petrochemical Co (SE: 2380 ), which rose 5.55% or 0.98 points to trade at 18.64 at the close. Etihad Atheeb Telecommunication (SE: 7040 ) added 3.91% or 0.260 points to end at 6.910 and Anaam International Holding Group (SE: 4061 ) was up 3.50% or 0.51 points to 15.08 in late trade.

Biggest losers included Dar Alarkan Real Estate Development (SE: 4300 ), which lost 3.67% or 0.38 points to trade at 9.97 in late trade. Northern Region Cement Co (SE: 3004 ) declined 3.16% or 0.33 points to end at 10.12 and Al Hokair Group (SE: 1820 ) shed 2.40% or 0.58 points to 23.60.

Advancing stocks outnumbered falling ones by 89 to 85 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.95% or 0.60 to $63.56 a barrel. Meanwhile, Brent oil for delivery in March rose 0.64% or 0.44 to hit $69.26 a barrel, while the February Gold Futures contract rose 0.69% or 9.10 to trade at $1322.80 a troy ounce.

EUR/SAR was up 0.46% to 4.4976, while USD/SAR rose 0.01% to 3.7510.

The US Dollar Index Futures was down 0.43% at 91.83.

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