Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.84%

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

At the close in Saudi Arabia, the Tadawul All Share fell 1.84%.

The biggest gainers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which rose 5.56% or 0.01 points to trade at 0.19 at the close. Middle East Specialized Cables Co (TADAWUL:2370) added 5.24% or 2.00 points to end at 40.20 and Amlak Intl for Real Estate Finance (TADAWUL:1182) was up 3.43% or 0.42 points to 12.68 in late trade.

Biggest losers included Saudi Fisheries Co. (TADAWUL:6050), which lost 10.00% or 2.66 points to trade at 23.94 in late trade. ARTEX Industrial Investment Co (TADAWUL:2340) declined 5.13% or 0.90 points to end at 16.66 and Red Sea Housing Services Company (TADAWUL:4230) shed 5.12% or 2.60 points to 48.20.

Declining stocks outnumbered rising ones by 251 to 42 and 16 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was up 2.02% or 1.33 to $67.08 a barrel. Meanwhile, Brent oil for delivery in November rose 1.78% or 1.23 to hit $70.42 a barrel, while the December Gold Futures contract fell 0.33% or 8.35 to trade at $2,534.75 a troy ounce.

EUR/SAR was down 0.15% to 4.13, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.15% at 101.75.