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

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

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

The best performers 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. Meanwhile, 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.

The worst performers of the session were Saudi Fisheries Co. (TADAWUL:6050), which fell 10.00% or 2.66 points to trade at 23.94 at the close. 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) was down 5.12% or 2.60 points to 48.20.

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

Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130) rose to 52-week highs; rising 5.56% or 0.01 to 0.19. Shares in Middle East Specialized Cables Co (TADAWUL:2370) rose to 5-year highs; up 5.24% or 2.00 to 40.20.

Crude oil for October delivery was up 2.02% or 1.33 to $67.08 a barrel. Elsewhere in commodities trading, 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 0.30% or 7.60 to trade at $2,535.50 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 0.13% at 101.73.