Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.46%

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

At the close in Saudi Arabia, the Tadawul All Share declined 0.46%.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which rose 3.45% or 0.01 points to trade at 0.30 at the close. Meanwhile, Umm Al-Qura (TADAWUL:3005) added 2.42% or 0.40 points to end at 16.94 and Saudi Pharmaceutical Appliances (TADAWUL:2070) was up 2.24% or 0.70 points to 31.90 in late trade.

The worst performers of the session were East Pipes Integrated Company for Industry (TADAWUL:1321), which fell 4.49% or 7.40 points to trade at 157.40 at the close. Bupa Arabia for Coop. Insurance (TADAWUL:8210) declined 3.51% or 7.40 points to end at 203.60 and Arabian Contracting Services Company CJSC (TADAWUL:4071) was down 3.09% or 5.60 points to 175.40.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 193 to 102 and 19 ended unchanged.

Shares in Arabian Contracting Services Company CJSC (TADAWUL:4071) fell to 52-week lows; losing 3.09% or 5.60 to 175.40.

Crude oil for December delivery was down 1.59% or 1.14 to $70.60 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.53% or 1.16 to hit $74.88 a barrel, while the December Gold Futures contract fell 0.12% or 3.40 to trade at $2,756.40 a troy ounce.

EUR/SAR was down 0.23% to 4.05, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was up 0.41% at 104.33.