Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.73%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.73%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Building & Construction , Industrial Investment and Transport sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.73%.

The biggest gainers of the session on the Tadawul All Share were Al Sagr Co-operative Insurance Co (SE: 8180 ), which rose 6.10% or 1.61 points to trade at 28.00 at the close. The Mediterranean&Gulf Insurance Co (SE: 8030 ) added 2.70% or 0.63 points to end at 23.98 and Makkah Construction&Development Co (SE: 4100 ) was up 2.24% or 1.84 points to 83.80 in late trade.

Biggest losers included Saudi Indian Company Insurance (SE: 8110 ), which lost 8.10% or 1.26 points to trade at 14.30 in late trade. Al Alamiya Cooperative Insurance (SE: 8280 ) declined 5.67% or 1.79 points to end at 29.80 and ALABDULLATIF CO. (SE: 2340 ) shed 5.26% or 0.74 points to 13.32.

Declining stocks outnumbered rising ones by 156 to 31 and 1 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.16% or 0.11 to $67.14 a barrel. Meanwhile, Brent oil for delivery in July fell 0.64% or 0.47 to hit $72.66 a barrel, while the June Gold Futures contract rose 0.17% or 2.20 to trade at $1309.00 a troy ounce.

EUR/SAR was down 0.40% to 4.5019, while USD/SAR fell 0.45% to 3.7510.

The US Dollar Index Futures was down 0.07% at 92.22.

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