Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.17%

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

At the close in Saudi Arabia, the Tadawul All Share declined 1.17%.

The biggest gainers of the session on the Tadawul All Share were Fawaz Abdulaziz AlHokair Company (SE: 4240 ), which rose 10.00% or 2.10 points to trade at 23.10 at the close. Al Sorayai Trading&Industrial Group (SE: 1213 ) added 9.90% or 1.18 points to end at 13.10 and Al Baha Investment and Development Company SJSC (SE: 4130 ) was up 5.35% or 1.06 points to 20.86 in late trade.

Biggest losers included Saudi Industrial Export Co (SE: 4140 ), which lost 9.93% or 16.40 points to trade at 148.80 in late trade. Al-Rajhi Cooperative Insurance (SE: 8230 ) declined 4.48% or 2.90 points to end at 61.90 and Anb Insurance (SE: 8011 ) shed 3.60% or 0.74 points to 19.84.

Declining stocks outnumbered rising ones by 133 to 45 and 5 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.97% or 0.54 to $56.23 a barrel. Meanwhile, Brent oil for delivery in January rose 1.18% or 0.77 to hit $66.24 a barrel, while the December Gold Futures contract rose 0.23% or 2.80 to trade at $1202.00 a troy ounce.

EUR/SAR was up 0.07% to 4.2384, while USD/SAR rose 0.02% to 3.7520.

The US Dollar Index Futures was down 0.16% at 96.99.