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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.68%

© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.68%© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.68%

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

At the close in Saudi Arabia, the Tadawul All Share lost 1.68%.

The best performers of the session on the Tadawul All Share were Takween Advanced Industries (SE:1201), which rose 6.65% or 0.62 points to trade at 9.95 at the close. Meanwhile, Basic Chemical Industries Co (SE:1210) added 3.22% or 0.76 points to end at 24.34 and Astra Industrial Group (SE:1212) was up 2.26% or 0.43 points to 19.42 in late trade.

The worst performers of the session were Saudi Enaya Cooperative Insurance (SE:8311), which fell 9.93% or 1.22 points to trade at 11.06 at the close. Mobile Telecommunications Company (SE:7030) declined 5.94% or 0.43 points to end at 6.81 and Malath Cooperative Insurance Co (SE:8020) was down 5.93% or 0.82 points to 13.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 145 to 34 and 6 ended unchanged.

Shares in Saudi Enaya Cooperative Insurance (SE:8311) fell to 5-year lows; losing 9.93% or 1.22 to 11.06.

Crude oil for June delivery was up 2.49% or 1.72 to $70.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.50% or 1.87 to hit $76.72 a barrel, while the June Gold Futures contract rose 0.05% or 0.70 to trade at $1314.40 a troy ounce.

EUR/SAR was up 0.10% to 4.4540, while USD/SAR fell 0.02% to 3.7496.

The US Dollar Index Futures was down 0.15% at 92.80.

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