Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.31%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.31%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Media & Publishing , Real Estate Development and Transport sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.31%.

The biggest gainers of the session on the Tadawul All Share were Arabian Pipes Company (SE: 2200 ), which rose 9.95% or 1.10 points to trade at 12.15 at the close. Tabuk Agriculture Development Co (SE: 6040 ) added 3.40% or 0.40 points to end at 12.15 and National Gas & Industrialization Co (SE: 2080 ) was up 3.02% or 0.80 points to 27.30 in late trade.

Biggest losers included Saudi Indian Company Insurance (SE: 8110 ), which lost 5.54% or 0.95 points to trade at 16.20 in late trade. Saudi Steel Pipe Company (SE: 1320 ) declined 3.87% or 0.75 points to end at 18.65 and Tihama Advertising&Public Relations (SE: 4070 ) shed 3.00% or 1.00 points to 32.30.

Declining stocks outnumbered rising ones by 106 to 43 and 20 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.62% or 0.31 to $50.16 a barrel. Meanwhile, Brent oil for delivery in August rose 0.61% or 0.31 to hit $50.93 a barrel, while the August Gold contract fell 0.36% or 4.55 to trade at $1267.95 a troy ounce.

EUR/SAR was up 0.58% to 4.2421, while USD/SAR rose 0.00% to 3.7499.

The US Dollar Index was down 0.49% at 93.70.

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