Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.32%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.32%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Hotels & Tourism , Real Estate Development and Agriculture & Food sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.32%.

The biggest gainers of the session on the Tadawul All Share were Saudi Indian Company Insurance (SE: 8110 ), which rose 9.95% or 1.05 points to trade at 11.60 at the close. Saudi RE Cooperative Reinsurance (SE: 8200 ) added 9.70% or 0.65 points to end at 7.35 and Gulf Union Cooperative Insurance (SE: 8120 ) was up 6.76% or 0.75 points to 11.85 in late trade.

Biggest losers included Anb Insurance (SE: 8011 ), which lost 9.62% or 4.30 points to trade at 40.40 in late trade. Al-Tayyar Travel Group Holding Co. (SE: 1810 ) declined 2.58% or 1.00 points to end at 37.80 and Saudi Airlines Catering Company (SE: 6004 ) shed 2.58% or 2.75 points to 104.00.

Declining stocks outnumbered rising ones by 73 to 71 and 23 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was down 2.03% or 0.84 to $40.61 a barrel. Meanwhile, Brent oil for delivery in May fell 1.60% or 0.67 to hit $41.12 a barrel, while the April Gold contract fell 2.16% or 27.00 to trade at $1221.60 a troy ounce.

EUR/SAR was down 0.45% to 4.1882, while USD/SAR fell 0.02% to 3.7497.

The US Dollar Index was up 0.45% at 96.10.

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