Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.12%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.12%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Real Estate Development , Agriculture & Food and Petrochemicals sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.12%.

The biggest gainers of the session on the Tadawul All Share were Al-Ahlia Insurance Company (SE: 8140 ), which rose 10.00% or 1.12 points to trade at 12.32 at the close. Salama Cooperative Insurance Co (SE: 8050 ) added 6.67% or 1.40 points to end at 22.40 and The Mediterranean&Gulf Insurance Co (SE: 8030 ) was up 4.30% or 0.98 points to 23.78 in late trade.

Biggest losers included Nama Chemicals Co. (SE: 2210 ), which lost 6.29% or 1.90 points to trade at 28.30 in late trade. Aldrees Petroleum & Transport Svcs (SE: 4200 ) declined 5.30% or 1.60 points to end at 28.60 and Amana Cooperative Insurance Co (SE: 8310 ) shed 3.61% or 0.84 points to 22.44.

Declining stocks outnumbered rising ones by 106 to 65 and 13 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.77% or 0.52 to $66.64 a barrel. Meanwhile, Brent oil for delivery in September fell 1.08% or 0.78 to hit $71.38 a barrel, while the August Gold Futures contract fell 0.20% or 2.50 to trade at $1224.80 a troy ounce.

EUR/SAR was down 0.29% to 4.3606, while USD/SAR rose 0.01% to 3.7507.

The US Dollar Index Futures was up 0.26% at 94.98.

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