Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.23%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.23%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Energy & Utilities , Media & Publishing and Financial Services sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.23%.

The biggest gainers of the session on the Tadawul All Share were National Petrochemical Company (SE: 2002 ), which rose 10.41% or 2.05 points to trade at 21.75 at the close. Methanol Chemicals Company (SE: 2001 ) added 8.50% or 0.65 points to end at 8.30 and Saudi Int Petrochemical Co (SE: 2310 ) was up 5.38% or 1.00 points to 19.60 in late trade.

Biggest losers included Saudi Electricity Company (SE: 5110 ), which lost 2.61% or 0.60 points to trade at 22.40 in late trade. Saudi Arabian Cooperative Insurance (SE: 8100 ) declined 2.08% or 0.40 points to end at 18.80 and Samba Financial Group (SE: 1090 ) shed 2.00% or 0.50 points to 24.50.

Declining stocks outnumbered rising ones by 79 to 67 and 23 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.48% or 0.26 to $53.64 a barrel. Meanwhile, Brent oil for delivery in March fell 0.21% or 0.12 to hit $56.71 a barrel, while the February Gold contract rose 0.15% or 1.75 to trade at $1140.55 a troy ounce.

EUR/SAR was down 0.56% to 3.9013, while USD/SAR fell 0.01% to 3.7511.

The US Dollar Index was up 0.40% at 103.41.

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