Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.48%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.48%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Energy & Utilities , Media & Publishing and Financial Services sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.48%.

The biggest gainers of the session on the Tadawul All Share were Al-Rajhi Cooperative Insurance (SE: 8230 ), which rose 5.39% or 2.65 points to trade at 51.80 at the close. The Saudi British Bank (SE: 1060 ) added 4.82% or 1.08 points to end at 23.48 and Amana Cooperative Insurance Co (SE: 8310 ) was up 4.24% or 0.70 points to 17.20 in late trade.

Biggest losers included Al Hammadi Co (SE: 4007 ), which lost 4.70% or 1.75 points to trade at 35.45 in late trade. Alujain Corporation (SE: 2170 ) declined 3.72% or 0.96 points to end at 24.84 and Al Andalus Property Co SJSC (SE: 4320 ) shed 1.77% or 0.42 points to 23.28.

Advancing stocks outnumbered falling ones by 87 to 71 and 20 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.43% or 0.20 to $46.26 a barrel. Meanwhile, Brent oil for delivery in August fell 0.41% or 0.20 to hit $48.52 a barrel, while the August Gold Futures contract rose 0.84% or 10.65 to trade at $1279.25 a troy ounce.

EUR/SAR was up 0.55% to 4.2272, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was down 0.51% at 96.48.

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