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

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.82%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Insurance , Retail and Transport sectors propelled shares lower.

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

The biggest gainers of the session on the Tadawul All Share were Arabian Pipes Company (SE: 2200 ), which rose 5.92% or 0.85 points to trade at 15.20 at the close. Middle East Healthcare Co (SE: 4009 ) added 4.29% or 2.25 points to end at 54.75 and Saudi United Cooperative Insurance (SE: 8060 ) was up 3.53% or 0.50 points to 14.65 in late trade.

Biggest losers included United Int Transportation Company (SE: 4260 ), which lost 3.59% or 1.10 points to trade at 29.50 in late trade. The Saudi British Bank (SE: 1060 ) declined 3.50% or 0.70 points to end at 19.30 and Saudi Ground Services Co (SE: 4031 ) shed 3.40% or 1.50 points to 42.60.

Declining stocks outnumbered rising ones by 111 to 34 and 24 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.40% or 0.18 to $45.01 a barrel. Meanwhile, Brent oil for delivery in November rose 0.25% or 0.12 to hit $47.38 a barrel, while the December Gold contract rose 0.03% or 0.45 to trade at $1354.45 a troy ounce.

EUR/SAR was down 0.07% to 4.2179, while USD/SAR rose 0.02% to 3.7504.

The US Dollar Index was up 0.03% at 94.83.

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