Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.02%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.02%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Building & Construction , Financial Services and Real Estate Development sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.02%.

The biggest gainers of the session on the Tadawul All Share were Alawwal Bank (SE: 1040 ), which rose 8.57% or 0.90 points to trade at 11.40 at the close. United Electronics Company (SE: 4003 ) added 6.76% or 2.40 points to end at 37.90 and Dar Alarkan Real Estate Development (SE: 4300 ) was up 5.60% or 0.35 points to 6.60 in late trade.

Biggest losers included Yanbu National Petrochemical Co (SE: 2290 ), which lost 4.29% or 2.50 points to trade at 55.75 in late trade. Saudi Int Petrochemical Co (SE: 2310 ) declined 3.68% or 0.65 points to end at 17.00 and Hail Cement Company (SE: 3001 ) shed 2.69% or 0.30 points to 10.85.

Declining stocks outnumbered rising ones by 75 to 72 and 30 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.81% or 0.40 to $49.16 a barrel. Meanwhile, Brent oil for delivery in July fell 0.86% or 0.45 to hit $52.12 a barrel, while the June Gold Futures contract fell 0.20% or 2.55 to trade at $1264.65 a troy ounce.

EUR/SAR was down 0.44% to 4.0809, while USD/SAR rose 0.03% to 3.7508.

The US Dollar Index Futures was up 0.31% at 99.03.

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