Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.57%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.57%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Energy & Utilities , Hotels & Tourism and Financial Services sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.57%.

The biggest gainers of the session on the Tadawul All Share were Aldrees Petroleum & Transport Svcs (SE: 4200 ), which rose 5.60% or 1.64 points to trade at 30.95 at the close. Al-Rajhi Cooperative Insurance (SE: 8230 ) added 3.36% or 1.90 points to end at 58.50 and Arab National Bank (SE: 1080 ) was up 3.11% or 0.74 points to 24.54 in late trade.

Biggest losers included The Mediterranean&Gulf Insurance Co (SE: 8030 ), which lost 5.46% or 1.79 points to trade at 31.00 in late trade. Middle East Specialized Cables Co (SE: 2370 ) declined 3.96% or 0.37 points to end at 8.97 and Salama Cooperative Insurance Co (SE: 8050 ) shed 3.52% or 0.81 points to 22.18.

Advancing stocks outnumbered falling ones by 109 to 69 on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.08% or 0.04 to $50.38 a barrel. Meanwhile, Brent oil for delivery in December fell 0.05% or 0.03 to hit $55.97 a barrel, while the December Gold Futures contract rose 0.11% or 1.42 to trade at $1279.32 a troy ounce.

EUR/SAR was up 0.19% to 4.4123, while USD/SAR rose 0.03% to 3.7511.

The US Dollar Index Futures was down 0.17% at 93.26.

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