Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.32%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.32%
Credit: © Reuters.

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

At the close in Saudi Arabia, the Tadawul All Share declined 0.32%.

The biggest gainers of the session on the Tadawul All Share were Al Yamamah Steel Industries Co (SE: 1304 ), which rose 9.90% or 1.60 points to trade at 17.76 at the close. AL-BABTAIN POWER &TELECOM CO (SE: 2320 ) added 3.49% or 0.74 points to end at 21.94 and Al-Ahlia Insurance Company (SE: 8140 ) was up 2.89% or 0.36 points to 12.80 in late trade.

Biggest losers included Emaar The Economic City (SE: 4220 ), which lost 2.14% or 0.22 points to trade at 10.04 in late trade. Advanced Petrochemical Company (SE: 2330 ) declined 1.96% or 1.10 points to end at 54.90 and Savola Group (SE: 2050 ) shed 1.67% or 0.55 points to 32.45.

Declining stocks outnumbered rising ones by 101 to 69 and 19 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for April delivery was down 1.10% or 0.62 to $55.94 a barrel. Meanwhile, Brent oil for delivery in May fell 0.36% or 0.24 to hit $65.62 a barrel, while the April Gold Futures contract rose 0.26% or 3.40 to trade at $1288.10 a troy ounce.

EUR/SAR was down 0.01% to 4.2393, while USD/SAR rose 0.01% to 3.7503.

The US Dollar Index Futures was up 0.03% at 96.820.

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