Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.13%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.13%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Real Estate Development , Insurance and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.13%.

The biggest gainers of the session on the Tadawul All Share were Food Products Co. (SE: 2100 ), which rose 9.97% or 1.40 points to trade at 15.44 at the close. Amana Cooperative Insurance Co (SE: 8310 ) added 8.29% or 1.24 points to end at 16.20 and Saudi Enaya Cooperative Insurance (SE: 8311 ) was up 7.59% or 1.48 points to 20.98 in late trade.

Biggest losers included Saudi Indian Company Insurance (SE: 8110 ), which lost 3.11% or 0.36 points to trade at 11.22 in late trade. Al Baha Investment and Development Company SJSC (SE: 4130 ) declined 2.91% or 0.44 points to end at 14.66 and Red Sea Housing Services Company (SE: 4230 ) shed 2.52% or 0.40 points to 15.50.

Advancing stocks outnumbered falling ones by 116 to 56 and 10 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.09% or 0.06 to $69.53 a barrel. Meanwhile, Brent oil for delivery in November fell 0.57% or 0.45 to hit $78.58 a barrel, while the December Gold Futures contract rose 0.29% or 3.50 to trade at $1206.40 a troy ounce.

EUR/SAR was down 0.05% to 4.3747, while USD/SAR fell 0.01% to 3.7502.

The US Dollar Index Futures was up 0.02% at 94.24.

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