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. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Telecoms & IT , Financial Services and Energy & Utilities sectors propelled shares lower.

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

The biggest gainers of the session on the Tadawul All Share were Al Alamiya Cooperative Insurance (SE: 8280 ), which rose 9.97% or 2.90 points to trade at 32.00 at the close. Saudi Industrial Export Co (SE: 4140 ) added 9.97% or 7.60 points to end at 83.80 and Malath Cooperative Insurance Co (SE: 8020 ) was up 7.84% or 0.80 points to 11.00 in late trade.

Biggest losers included Arab National Bank (SE: 1080 ), which lost 5.05% or 1.65 points to trade at 31.05 in late trade. Samba Financial Group (SE: 1090 ) declined 3.72% or 1.20 points to end at 31.05 and Al Baha Investment and Development Company SJSC (SE: 4130 ) shed 3.50% or 0.56 points to 15.44.

Advancing stocks outnumbered falling ones by 141 to 37 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.20% or 0.86 to $71.06 a barrel. Meanwhile, Brent oil for delivery in December fell 0.91% or 0.74 to hit $80.67 a barrel, while the December Gold Futures contract fell 0.09% or 1.10 to trade at $1229.90 a troy ounce.

EUR/SAR was down 0.33% to 4.3275, while USD/SAR rose 0.03% to 3.7527.

The US Dollar Index Futures was up 0.37% at 95.13.

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