Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.28%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.28%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Agriculture & Food , Energy & Utilities and Hotels & Tourism sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.28%.

The biggest gainers of the session on the Tadawul All Share were Saudi Enaya Cooperative Insurance (SE: 8311 ), which rose 9.76% or 2.14 points to trade at 24.06 at the close. Solidarity Saudi Takaful Co (SE: 8290 ) added 8.60% or 1.66 points to end at 20.96 and Nama Chemicals Co. (SE: 2210 ) was up 3.40% or 0.68 points to 20.68 in late trade.

Biggest losers included Almarai Company (SE: 2280 ), which lost 10.02% or 8.20 points to trade at 73.60 in late trade. Amana Cooperative Insurance Co (SE: 8310 ) declined 1.99% or 0.60 points to end at 29.50 and Savola Group (SE: 2050 ) shed 1.79% or 0.85 points to 46.55.

Declining stocks outnumbered rising ones by 86 to 82 and 9 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.89% or 0.43 to $48.66 a barrel. Meanwhile, Brent oil for delivery in November rose 0.64% or 0.35 to hit $54.62 a barrel, while the December Gold Futures contract rose 0.20% or 2.65 to trade at $1335.35 a troy ounce.

EUR/SAR was down 0.06% to 4.4848, while USD/SAR rose 0.00% to 3.7506.

The US Dollar Index Futures was up 0.05% at 91.94.

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