Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.35%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.35%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Media & Publishing , Financial Services and Cement sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.35%.

The biggest gainers of the session on the Tadawul All Share were The Mediterranean&Gulf Insurance Co (SE: 8030 ), which rose 4.83% or 0.82 points to trade at 17.80 at the close. Malath Cooperative Insurance Co (SE: 8020 ) added 4.71% or 1.00 points to end at 22.24 and Saudi United Cooperative Insurance (SE: 8060 ) was up 4.15% or 1.20 points to 30.10 in late trade.

Biggest losers included Saudi Research and Marketing Group (SE: 4210 ), which lost 2.96% or 1.60 points to trade at 52.40 in late trade. Mobile Telecommunications Company (SE: 7030 ) declined 2.70% or 0.25 points to end at 9.02 and Mouwasat Medical Services Company (SE: 4002 ) shed 2.52% or 3.80 points to 147.20.

Advancing stocks outnumbered falling ones by 91 to 71 and 15 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.26% or 0.12 to $46.52 a barrel. Meanwhile, Brent oil for delivery in September rose 0.39% or 0.19 to hit $49.03 a barrel, while the August Gold Futures contract fell 0.02% or 0.21 to trade at $1241.69 a troy ounce.

EUR/SAR was down 0.23% to 4.3236, while USD/SAR fell 0.01% to 3.7500.

The US Dollar Index Futures was up 0.06% at 94.51.

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