Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.07%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.07%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Telecoms & IT , Industrial Investment and Transport sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.07%.

The biggest gainers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE: 4210 ), which rose 3.11% or 3.20 points to trade at 106.00 at the close. The National Shipping Co. (SE: 4030 ) added 2.44% or 0.70 points to end at 29.40 and The Saudi British Bank (SE: 1060 ) was up 2.41% or 0.80 points to 34.05 in late trade.

Biggest losers included Saudi Cable Company (SE: 2110 ), which lost 9.99% or 0.80 points to trade at 7.21 in late trade. Saudi Company for Hardware (SE: 4008 ) declined 9.97% or 9.60 points to end at 86.70 and Saudi Industrial Export Co (SE: 4140 ) shed 9.95% or 25.60 points to 231.60.

Declining stocks outnumbered rising ones by 110 to 64 and 12 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.38% or 0.26 to $68.78 a barrel. Meanwhile, Brent oil for delivery in September rose 0.54% or 0.40 to hit $73.84 a barrel, while the August Gold Futures contract rose 0.71% or 8.70 to trade at $1234.20 a troy ounce.

EUR/SAR was up 0.19% to 4.3918, while USD/SAR rose 0.02% to 3.7511.

The US Dollar Index Futures was down 0.25% at 94.15.

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