Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.16% By Investing.com


© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.16%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the lost 0.16%.

The best performers of the session on the were Tourism Enterprise Co. (TADAWUL:), which rose 6.82% or 1.08 points to trade at 16.92 at the close. Meanwhile, Fitaihi Holding Group (TADAWUL:) added 6.49% or 1.95 points to end at 32.00 and Sahara International Petrochemical Company SJSC (TADAWUL:) was up 5.07% or 1.75 points to 36.25 in late trade.

The worst performers of the session were The Company for Coop. Insurance (TADAWUL:), which fell 3.26% or 2.60 points to trade at 77.10 at the close. Etihad Etisalat Co (TADAWUL:) declined 2.90% or 1.05 points to end at 35.15 and Gulf Union Cooperative Insurance (TADAWUL:) was down 2.89% or 0.27 points to 9.07.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 133 to 107 and 23 ended unchanged.

Crude oil for February delivery was up 1.92% or 1.44 to $76.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.95% or 1.56 to hit $81.66 a barrel, while the February Gold Futures contract rose 0.22% or 4.20 to trade at $1,880.70 a troy ounce.

EUR/SAR was up 0.26% to 4.04, while USD/SAR unchanged 0.04% to 3.76.

The US Dollar Index Futures was up 0.11% at 103.09.

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