Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.87%

  • Investing.com
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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.87%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Building & Construction , Media & Publishing and Agriculture & Food sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.87%.

The biggest gainers of the session on the Tadawul All Share were Halwani Bros (SE: 6001 ), which rose 0.72% or 0.40 points to trade at 56.00 at the close. Eastern Province Cement Co. (SE: 3080 ) added 0.39% or 0.10 points to end at 25.80 and Al Baha Investment and Development Company SJSC (SE: 4130 ) was up 0.37% or 0.08 points to 21.52 in late trade.

Biggest losers included Alinma Tokio Marine Co (SE: 8312 ), which lost 8.18% or 2.05 points to trade at 23.00 in late trade. Trade Union Cooperative Insurance (SE: 8170 ) declined 6.64% or 1.50 points to end at 21.10 and Allied Cooperative Insurance Group (SE: 8150 ) shed 6.62% or 1.39 points to 19.60.

Declining stocks outnumbered rising ones by 178 to 8 and 3 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.66% or 0.43 to $65.94 a barrel. Meanwhile, Brent oil for delivery in June rose 0.53% or 0.38 to hit $71.42 a barrel, while the June Gold Futures contract rose 0.77% or 10.40 to trade at $1356.30 a troy ounce.

EUR/SAR was up 0.16% to 4.6407, while USD/SAR fell 0.02% to 3.7496.

The US Dollar Index Futures was down 0.12% at 89.21.

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