Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.15%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.15%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Industrial Investment , Real Estate Development and Energy & Utilities sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.15%.

The biggest gainers of the session on the Tadawul All Share were Saudi Arabian Mining Company (SE: 1211 ), which rose 4.96% or 1.90 points to trade at 40.20 at the close. National Metal Manufacturing Co. (SE: 2220 ) added 4.71% or 1.20 points to end at 26.70 and Aljazira Takaful Taawuni Company (SE: 8012 ) was up 3.41% or 1.00 points to 30.30 in late trade.

Biggest losers included National Industrialization Co (SE: 2060 ), which lost 2.75% or 0.35 points to trade at 12.40 in late trade. Saudi Steel Pipe Company (SE: 1320 ) declined 2.66% or 0.50 points to end at 18.30 and Arabia Insurance Cooperative Co (SE: 8160 ) shed 2.38% or 0.25 points to 10.25.

Declining stocks outnumbered rising ones by 88 to 57 and 23 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 2.06% or 1.01 to $48.09 a barrel. Meanwhile, Brent oil for delivery in August fell 1.94% or 0.97 to hit $48.92 a barrel, while the August Gold contract rose 0.12% or 1.45 to trade at $1218.95 a troy ounce.

EUR/SAR was up 0.39% to 4.1905, while USD/SAR rose 0.01% to 3.7499.

The US Dollar Index was down 0.41% at 95.44.

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