Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.40%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.40%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Insurance , Cement and Media & Publishing sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.40%.

The biggest gainers of the session on the Tadawul All Share were Saudi United Cooperative Insurance (SE: 8060 ), which rose 7.17% or 1.05 points to trade at 15.70 at the close. Saudi Industrial Investment Group (SE: 2250 ) added 4.90% or 0.60 points to end at 12.85 and Samba Financial Group (SE: 1090 ) was up 4.86% or 0.85 points to 18.35 in late trade.

Biggest losers included Al Rajhi Bank (SE: 1120 ), which lost 2.74% or 1.50 points to trade at 53.25 in late trade. National Gas & Industrialization Co (SE: 2080 ) declined 1.87% or 0.50 points to end at 26.30 and Dar Alarkan Real Estate Development (SE: 4300 ) shed 1.87% or 0.10 points to 5.25.

Advancing stocks outnumbered falling ones by 109 to 32 and 28 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.88% or 0.83 to $44.88 a barrel. Meanwhile, Brent oil for delivery in November rose 1.46% or 0.67 to hit $46.55 a barrel, while the December Gold contract rose 0.85% or 11.25 to trade at $1329.45 a troy ounce.

EUR/SAR was down 0.05% to 4.1818, while USD/SAR fell 0.06% to 3.7503.

The US Dollar Index was down 0.17% at 95.81.

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