Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.82%

  • Stock Market News
Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.82%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Hotels & Tourism , Insurance and Energy & Utilities sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.82%.

The biggest gainers of the session on the Tadawul All Share were Arab National Bank (SE: 1080 ), which rose 2.10% or 0.35 points to trade at 17.05 at the close. Saudi Telecom (SE: 7010 ) added 1.75% or 1.00 points to end at 58.00 and Jazan Development Co. (SE: 6090 ) was up 1.47% or 0.15 points to 10.35 in late trade.

Biggest losers included Middle East Healthcare Co (SE: 4009 ), which lost 6.07% or 3.25 points to trade at 50.25 in late trade. United Cooperative Assurance Co (SE: 8190 ) declined 5.00% or 0.70 points to end at 13.30 and Saudia Dairy and Foodstuff .Co (SE: 2270 ) shed 4.45% or 6.50 points to 139.50.

Declining stocks outnumbered rising ones by 139 to 20 and 10 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was down 0.76% or 0.35 to $46.00 a barrel. Meanwhile, Brent oil for delivery in November fell 0.99% or 0.48 to hit $48.25 a barrel, while the December Gold contract fell 0.42% or 5.55 to trade at $1310.95 a troy ounce.

EUR/SAR was down 0.05% to 4.1765, while USD/SAR rose 0.02% to 3.7504.

The US Dollar Index was up 0.10% at 96.15.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or