Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Industrial Investment, Energy & Utilities and Building & Construction sectors propelled shares lower.
At the close in Saudi Arabia, the Tadawul All Share fell 0.64%.
The biggest gainers of the session on the Tadawul All Share were The Mediterranean&Gulf Insurance Co (SE:8030), which rose 3.32% or 0.70 points to trade at 21.80 at the close. Al Alamiya Cooperative Insurance (SE:8280) added 2.69% or 0.70 points to end at 26.70 and Gulf General Cooperative Insurance (SE:8260) was up 2.57% or 0.45 points to 17.95 in late trade.
Biggest losers included United Wire Factories Company (SE:1301), which lost 5.77% or 1.20 points to trade at 19.60 in late trade. Al Sorayai Trading&Industrial Group (SE:1213) declined 4.42% or 0.40 points to end at 8.65 and Saudi Kayan Petrochemical Company (SE:2350) shed 3.80% or 0.35 points to 8.85.
Declining stocks outnumbered rising ones by 122 to 34 and 21 ended unchanged on the Saudi Arabia Stock Exchange.
In commodities trading, Crude oil for June delivery was up 0.27% or 0.13 to $47.79 a barrel. Meanwhile, Brent oil for delivery in July rose 0.36% or 0.18 to hit $50.64 a barrel, while the June Gold Futures contract fell 0.27% or 3.36 to trade at $1253.64 a troy ounce.
EUR/SAR was down 0.13% to 4.0941, while USD/SAR fell 0.01% to 3.7504.
The US Dollar Index Futures was up 0.16% at 98.94.