Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.78%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.78%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Multi Investment , Transport and Building & Construction sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.78%.

The biggest gainers of the session on the Tadawul All Share were Saudi Enaya Cooperative Insurance (SE: 8311 ), which rose 10.04% or 1.25 points to trade at 13.70 at the close. Gulf General Cooperative Insurance (SE: 8260 ) added 5.14% or 0.85 points to end at 17.40 and Al-Tayyar Travel Group Holding Co. (SE: 1810 ) was up 4.62% or 1.90 points to 43.00 in late trade.

Biggest losers included Jazan Development Co. (SE: 6090 ), which lost 5.20% or 0.70 points to trade at 12.75 in late trade. Knowledge Economic City (SE: 4310 ) declined 5.08% or 0.75 points to end at 14.00 and Aseer Trading Tourism&Manufacturing (SE: 4080 ) shed 5.00% or 1.10 points to 20.90.

Declining stocks outnumbered rising ones by 129 to 30 and 9 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was up 1.67% or 0.73 to $44.38 a barrel. Meanwhile, Brent oil for delivery in July rose 1.53% or 0.69 to hit $45.66 a barrel, while the June Gold contract fell 0.38% or 4.95 to trade at $1286.85 a troy ounce.

EUR/SAR was down 0.04% to 4.3096, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index was up 0.13% at 93.14.

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