Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.53%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.53%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Retail , Telecoms & IT and Financial Services sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.53%.

The biggest gainers of the session on the Tadawul All Share were Al Alamiya Cooperative Insurance (SE: 8280 ), which rose 3.11% or 0.76 points to trade at 25.20 at the close. Trade Union Cooperative Insurance (SE: 8170 ) added 2.96% or 0.63 points to end at 21.92 and United Int Transportation Company (SE: 4260 ) was up 2.83% or 1.00 points to 36.30 in late trade.

Biggest losers included Al Andalus Property Co SJSC (SE: 4320 ), which lost 7.73% or 1.89 points to trade at 22.56 in late trade. Al Hassan Ghazi Ibrahim Shaker (SE: 1214 ) declined 5.11% or 0.57 points to end at 10.58 and Alkhaleej Training & Education Co (SE: 4290 ) shed 4.13% or 0.83 points to 19.28.

Declining stocks outnumbered rising ones by 122 to 57 and 4 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.86% or 0.56 to $64.69 a barrel. Meanwhile, Brent oil for delivery in June fell 0.62% or 0.43 to hit $69.03 a barrel, while the April Gold Futures contract fell 0.56% or 7.50 to trade at $1334.50 a troy ounce.

EUR/SAR was down 0.29% to 4.6375, while USD/SAR rose 0.01% to 3.7497.

The US Dollar Index Futures was up 0.45% at 89.36.

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