Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.96%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.96%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Real Estate Development , Hotels & Tourism and Telecoms & IT sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.96%.

The biggest gainers of the session on the Tadawul All Share were Anaam International Holding Group (SE: 4061 ), which rose 9.87% or 1.26 points to trade at 14.02 at the close. Qassim Agriculture Co. (SE: 6020 ) added 9.87% or 1.08 points to end at 12.02 and Red Sea Housing Services Company (SE: 4230 ) was up 6.85% or 1.25 points to 19.50 in late trade.

Biggest losers included Dar Alarkan Real Estate Development (SE: 4300 ), which lost 9.90% or 0.89 points to trade at 8.10 in late trade. Saudi Paper Manufacturing Co. (SE: 2300 ) declined 5.74% or 0.46 points to end at 7.56 and Saudi Industrial Export Co (SE: 4140 ) shed 5.74% or 0.92 points to 15.10.

Declining stocks outnumbered rising ones by 100 to 73 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was down 1.06% or 0.59 to $55.11 a barrel. Meanwhile, Brent oil for delivery in January fell 1.08% or 0.67 to hit $61.54 a barrel, while the December Gold Futures contract rose 0.32% or 4.08 to trade at $1286.98 a troy ounce.

EUR/SAR was up 0.38% to 4.4409, while USD/SAR rose 0.01% to 3.7508.

The US Dollar Index Futures was down 0.28% at 93.46.

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