Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.50%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the declined 0.50%.

The best performers of the session on the were Hail Cement Company (SE:), which rose 6.47% or 0.86 points to trade at 14.16 at the close. Meanwhile, Umm Al-Qura (SE:) added 4.67% or 1.13 points to end at 25.35 and AXA Cooperative Insurance Company (SE:) was up 4.31% or 1.30 points to 31.45 in late trade.

The worst performers of the session were Dar Alarkan Real Estate Development (SE:), which fell 5.99% or 0.64 points to trade at 10.04 at the close. Abdullah Al Othaim Markets Company (SE:) declined 3.89% or 3.60 points to end at 89.00 and Mouwasat Medical Services Company (SE:) was down 3.11% or 2.70 points to 84.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 106 to 78 and 15 ended unchanged.

Shares in Hail Cement Company (SE:) rose to 3-years highs; up 6.47% or 0.86 to 14.16. Shares in Umm Al-Qura (SE:) rose to 3-years highs; up 4.67% or 1.13 to 25.35. Shares in AXA Cooperative Insurance Company (SE:) rose to 5-year highs; gaining 4.31% or 1.30 to 31.45.

Crude oil for February delivery was down 0.15% or 0.09 to $58.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.16% or 0.10 to hit $64.39 a barrel, while the February Gold Futures contract rose 0.66% or 10.15 to trade at $1554.75 a troy ounce.

EUR/SAR was up 0.23% to 4.1840, while USD/SAR unchanged 0.00% to 3.7516.

The US Dollar Index Futures was down 0.13% at 96.970.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.