Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.15%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.15%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Media & Publishing , Building & Construction and Agriculture & Food sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 2.15% to hit a new 3-month low.

The biggest gainers of the session on the Tadawul All Share were Saudi Ground Services Co (SE: 4031 ), which rose 2.70% or 1.05 points to trade at 40.00 at the close. Rabigh Refining & Petrochemical Co (SE: 2380 ) added 1.18% or 0.15 points to end at 12.88 and BANK ALBILAD (SE: 1140 ) was up 0.58% or 0.11 points to 19.00 in late trade.

Biggest losers included Ash-Sharqiyah Development Company (SE: 6060 ), which lost 9.80% or 4.90 points to trade at 45.10 in late trade. Etihad Atheeb Telecommunication (SE: 7040 ) declined 9.54% or 0.680 points to end at 6.450 and Al Alamiya Cooperative Insurance (SE: 8280 ) shed 8.99% or 2.47 points to 25.00.

Declining stocks outnumbered rising ones by 163 to 10 and 4 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.22% or 0.11 to $51.03 a barrel. Meanwhile, Brent oil for delivery in December rose 0.21% or 0.12 to hit $56.73 a barrel, while the December Gold Futures contract fell 0.11% or 1.48 to trade at $1292.32 a troy ounce.

EUR/SAR was up 0.26% to 4.4398, while USD/SAR unchanged 0.00% to 3.7499.

The US Dollar Index Futures was down 0.21% at 92.89.

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