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 Industrial Investment , Financial Services and Hotels & Tourism sectors propelled shares lower.

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

The biggest gainers of the session on the Tadawul All Share were The Company for Coop. Insurance (SE: 8010 ), which rose 9.77% or 8.90 points to trade at 100.00 at the close. The Mediterranean&Gulf Insurance Co (SE: 8030 ) added 9.34% or 2.95 points to end at 34.55 and Al-Rajhi Cooperative Insurance (SE: 8230 ) was up 6.76% or 3.63 points to 57.30 in late trade.

Biggest losers included Saudi Fisheries Co. (SE: 6050 ), which lost 2.91% or 0.93 points to trade at 31.05 in late trade. Al Hokair Group (SE: 1820 ) declined 2.51% or 0.81 points to end at 31.50 and Red Sea Housing Services Company (SE: 4230 ) shed 2.05% or 0.43 points to 20.54.

Declining stocks outnumbered rising ones by 90 to 77 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.48% or 0.25 to $52.13 a barrel. Meanwhile, Brent oil for delivery in December rose 0.02% or 0.01 to hit $57.93 a barrel, while the December Gold Futures contract fell 1.13% or 14.65 to trade at $1287.05 a troy ounce.

EUR/SAR was down 0.57% to 4.3960, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was up 0.61% at 93.38.

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