Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.04%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.04%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Energy & Utilities , Financial Services and Media & Publishing sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.04%.

The biggest gainers of the session on the Tadawul All Share were Saudi Indian Company Insurance (SE: 8110 ), which rose 4.96% or 0.65 points to trade at 13.75 at the close. National Com Bnk (SE: 1180 ) added 4.95% or 1.90 points to end at 40.30 and Salama Cooperative Insurance Co (SE: 8050 ) was up 4.28% or 0.40 points to 9.75 in late trade.

Biggest losers included Saudi Marke (SE: 4006 ), which lost 3.89% or 0.90 points to trade at 22.25 in late trade. Dar Alarkan Real Estate Development (SE: 4300 ) declined 3.88% or 0.20 points to end at 4.95 and Takween Advanced Industries (SE: 1201 ) shed 3.67% or 0.40 points to 10.50.

Declining stocks outnumbered rising ones by 111 to 42 and 16 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was down 1.64% or 0.82 to $49.14 a barrel. Meanwhile, Brent oil for delivery in December fell 1.75% or 0.89 to hit $49.90 a barrel, while the December Gold contract fell 0.03% or 0.35 to trade at $1273.25 a troy ounce.

EUR/SAR was up 0.33% to 4.0969, while USD/SAR unchanged 0.00% to 3.7504.

The US Dollar Index was down 0.22% at 98.47.

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