Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Hotels & Tourism, Financial Services and Multi Investment sectors propelled shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 0.38%.
The biggest gainers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE:4210), which rose 9.98% or 5.80 points to trade at 63.90 at the close. United Electronics Company (SE:4003) added 5.58% or 2.30 points to end at 43.50 and Saudi Int Petrochemical Co (SE:2310) was up 4.11% or 0.58 points to 14.70 in late trade.
Biggest losers included National Industrialization Co (SE:2060), which lost 4.87% or 0.74 points to trade at 14.46 in late trade. National Agriculture Development Co (SE:6010) declined 3.50% or 1.00 points to end at 27.60 and Allied Cooperative Insurance Group (SE:8150) shed 3.07% or 0.46 points to 14.52.
Declining stocks outnumbered rising ones by 120 to 42 and 16 ended unchanged on the Saudi Arabia Stock Exchange.
In commodities trading, Crude oil for September delivery was up 1.00% or 0.48 to $48.37 a barrel. Meanwhile, Brent oil for delivery in September rose 0.64% or 0.32 to hit $50.52 a barrel, while the August Gold Futures contract fell 0.39% or 4.94 to trade at $1247.16 a troy ounce.
EUR/SAR was down 0.04% to 4.3651, while USD/SAR rose 0.02% to 3.7506.
The US Dollar Index Futures was up 0.05% at 93.97.