Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.60%

  • Investing.com
  • Stock Market News
Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.60%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Energy & Utilities , Telecoms & IT and Financial Services sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 1.60%.

The biggest gainers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE: 4210 ), which rose 4.52% or 3.90 points to trade at 90.20 at the close. AXA Cooperative Insurance Company (SE: 8250 ) added 4.17% or 0.96 points to end at 24.00 and Saudi Fisheries Co. (SE: 6050 ) was up 3.84% or 1.90 points to 51.40 in late trade.

Biggest losers included Anb Insurance (SE: 8011 ), which lost 7.53% or 1.58 points to trade at 19.40 in late trade. Saudi Electricity Company (SE: 5110 ) declined 6.32% or 1.08 points to end at 16.00 and The Saudi British Bank (SE: 1060 ) shed 6.10% or 2.50 points to 38.50.

Advancing stocks outnumbered falling ones by 91 to 79 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 2.22% or 1.31 to $57.83 a barrel. Meanwhile, Brent oil for delivery in August fell 1.66% or 1.14 to hit $67.53 a barrel, while the June Gold Futures contract rose 0.36% or 4.65 to trade at $1281.75 a troy ounce.

EUR/SAR was down 0.05% to 4.1828, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was up 0.05% at 97.893.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100