Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.30%

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Telecoms & IT , Agriculture & Food and Retail sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.30%.

The biggest gainers of the session on the Tadawul All Share were Al Sagr Co-operative Insurance Co (SE: 8180 ), which rose 9.62% or 2.50 points to trade at 28.50 at the close. Salama Cooperative Insurance Co (SE: 8050 ) added 9.30% or 1.20 points to end at 14.10 and Methanol Chemicals Company (SE: 2001 ) was up 8.53% or 0.55 points to 7.00 in late trade.

Biggest losers included Etihad Etisalat Co (SE: 7020 ), which lost 7.81% or 2.50 points to trade at 29.50 in late trade. Savola Group (SE: 2050 ) declined 5.70% or 2.40 points to end at 39.70 and BURUJ COOPERATIVE INSURANCE CO (SE: 8270 ) shed 5.66% or 1.20 points to 20.00.

Advancing stocks outnumbered falling ones by 80 to 67 and 21 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was down 2.17% or 0.92 to $41.55 a barrel. Meanwhile, Brent oil for delivery in June fell 1.98% or 0.87 to hit $43.16 a barrel, while the June Gold contract rose 0.08% or 1.00 to trade at $1255.30 a troy ounce.

EUR/SAR was up 0.06% to 4.2622, while USD/SAR fell 0.01% to 3.7500.

The US Dollar Index was down 0.01% at 94.06.