Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Real Estate Development, Transport and Multi Investment sectors propelled shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 0.49% to hit a new 3-month low.
The biggest gainers of the session on the Tadawul All Share were Tihama Advertising&Public Relations (SE:4070), which rose 9.73% or 2.35 points to trade at 26.50 at the close. Saudi Printing & Packaging Company (SE:4270) added 9.59% or 1.65 points to end at 18.85 and Saudi Research and Marketing Group (SE:4210) was up 9.56% or 3.50 points to 40.10 in late trade.
Biggest losers included Arabia Insurance Cooperative Co (SE:8160), which lost 8.72% or 1.17 points to trade at 12.25 in late trade. Wataniya Insurance Company (SE:8300) declined 6.35% or 1.90 points to end at 28.00 and Arabian Pipes Company (SE:2200) shed 4.03% or 0.60 points to 14.30.
Declining stocks outnumbered rising ones by 105 to 52 and 13 ended unchanged on the Saudi Arabia Stock Exchange.
In commodities trading, Crude oil for September delivery was up 4.00% or 1.58 to $41.09 a barrel. Meanwhile, Brent oil for delivery in October rose 3.76% or 1.57 to hit $43.37 a barrel, while the December Gold contract fell 0.60% or 8.25 to trade at $1364.35 a troy ounce.
EUR/SAR was down 0.69% to 4.1810, while USD/SAR fell 0.01% to 3.7504.
The US Dollar Index was up 0.52% at 95.51.