Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.16%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.16%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Media & Publishing , Industrial Investment and Insurance sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.16%.

The biggest gainers of the session on the Tadawul All Share were Saudi Indian Company Insurance (SE: 8110 ), which rose 4.75% or 0.85 points to trade at 18.75 at the close. Jabal Omar Development Company (SE: 4250 ) added 1.48% or 1.00 points to end at 68.50 and Herfy Food Services Co (SE: 6002 ) was up 0.63% or 0.50 points to 79.50 in late trade.

Biggest losers included Al-Rajhi Cooperative Insurance (SE: 8230 ), which lost 4.98% or 2.40 points to trade at 45.80 in late trade. Tihama Advertising&Public Relations (SE: 4070 ) declined 4.97% or 1.15 points to end at 22.00 and Saudi Marke (SE: 4006 ) shed 4.36% or 1.30 points to 28.50.

Declining stocks outnumbered rising ones by 165 to 8 and 4 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was down 1.20% or 0.58 to $47.66 a barrel. Meanwhile, Brent oil for delivery in May fell 1.24% or 0.63 to hit $50.33 a barrel, while the April Gold Futures contract rose 0.22% or 2.75 to trade at $1249.25 a troy ounce.

EUR/SAR was down 0.07% to 4.0520, while USD/SAR rose 0.02% to 3.7506.

The US Dollar Index Futures was down 0.04% at 99.51.

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