Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.09%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.09%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Telecoms & IT , Cement and Hotels & Tourism sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.09%.

The biggest gainers of the session on the Tadawul All Share were Saudi Cable Company (SE: 2110 ), which rose 9.95% or 3.30 points to trade at 36.45 at the close. Saudi Fisheries Co. (SE: 6050 ) added 9.92% or 3.25 points to end at 36.00 and Anaam International Holding Group (SE: 4061 ) was up 4.93% or 0.66 points to 14.06 in late trade.

Biggest losers included Saudi Enaya Cooperative Insurance (SE: 8311 ), which lost 4.29% or 1.04 points to trade at 23.20 in late trade. Mobile Telecommunications Company (SE: 7030 ) declined 2.20% or 0.18 points to end at 8.00 and Basic Chemical Industries Co (SE: 1210 ) shed 1.62% or 0.36 points to 21.90.

Declining stocks outnumbered rising ones by 92 to 79 and 20 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.75% or 0.32 to $42.85 a barrel. Meanwhile, Brent oil for delivery in March rose 0.08% or 0.04 to hit $50.81 a barrel, while the February Gold Futures contract rose 0.54% or 6.90 to trade at $1278.70 a troy ounce.

EUR/SAR was down 0.05% to 4.2747, while USD/SAR rose 0.01% to 3.7516.

The US Dollar Index Futures was up 0.28% at 96.273.

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