Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.13%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.13%

© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.13% © Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.13%

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

At the close in Saudi Arabia, the Tadawul All Share lost 0.13%.

The best performers of the session on the Tadawul All Share were Saudi Enaya Cooperative Insurance (SE:8311), which rose 10.00% or 3.35 points to trade at 36.85 at the close. Meanwhile, Amana Cooperative Insurance Co (SE:8310) added 9.97% or 3.65 points to end at 40.25 and Al Samaani Factory Metal Industries Co CJSC (SE:1832) was up 9.96% or 27.00 points to 298.00 in late trade.

The worst performers of the session were Food Products Co. (SE:2100), which fell 3.14% or 5.40 points to trade at 166.40 at the close. Al Sorayai Trading&Industrial Group (SE:1213) declined 2.56% or 2.60 points to end at 99.00 and Saudi Paper Manufacturing Co. (SE:2300) was down 2.27% or 1.40 points to 60.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 101 to 86 and 15 ended unchanged.

Shares in Amana Cooperative Insurance Co (SE:8310) rose to 5-year highs; rising 9.97% or 3.65 to 40.25. Shares in Al Samaani Factory Metal Industries Co CJSC (SE:1832) rose to all time highs; up 9.96% or 27.00 to 298.00.

Crude oil for February delivery was up 0.22% or 0.11 to $50.04 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.54% or 0.29 to hit $53.89 a barrel, while the February Gold Futures contract fell 0.89% or 17.45 to trade at $1936.95 a troy ounce.

EUR/SAR was up 0.09% to 4.6165, while USD/SAR rose 0.01% to 3.7513.

The US Dollar Index Futures was up 0.21% at 89.593.

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