Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.10%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.10%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Petrochemicals , Cement and Real Estate Development sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.10%.

The biggest gainers of the session on the Tadawul All Share were Saudi Enaya Cooperative Insurance (SE: 8311 ), which rose 4.81% or 1.00 points to trade at 21.80 at the close. Saudi Industrial Export Co (SE: 4140 ) added 4.09% or 3.50 points to end at 89.10 and Red Sea Housing Services Company (SE: 4230 ) was up 2.45% or 0.38 points to 15.88 in late trade.

Biggest losers included Al-Ahlia Insurance Company (SE: 8140 ), which lost 3.04% or 0.36 points to trade at 11.50 in late trade. Saudi Arabian Cooperative Insurance (SE: 8100 ) declined 2.86% or 0.34 points to end at 11.56 and Saudi Int Petrochemical Co (SE: 2310 ) shed 2.70% or 0.54 points to 19.46.

Declining stocks outnumbered rising ones by 100 to 69 and 18 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 1.48% or 0.67 to $44.74 a barrel. Meanwhile, Brent oil for delivery in March fell 1.32% or 0.71 to hit $53.09 a barrel, while the February Gold Futures contract rose 0.45% or 5.80 to trade at $1287.10 a troy ounce.

EUR/SAR was down 0.56% to 4.2754, while USD/SAR rose 0.01% to 3.7513.

The US Dollar Index Futures was up 0.37% at 96.088.

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