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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.17%

Published 14-11-2018, 06:45 pm
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.17%

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Industrial Investment, Cement and Insurance sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.17%.

The biggest gainers of the session on the Tadawul All Share were Fawaz Abdulaziz AlHokair Company (SE:4240), which rose 10.00% or 2.10 points to trade at 23.10 at the close. Al Sorayai Trading&Industrial Group (SE:1213) added 9.90% or 1.18 points to end at 13.10 and Al Baha Investment and Development Company SJSC (SE:4130) was up 5.35% or 1.06 points to 20.86 in late trade.

Biggest losers included Saudi Industrial Export Co (SE:4140), which lost 9.93% or 16.40 points to trade at 148.80 in late trade. Al-Rajhi Cooperative Insurance (SE:8230) declined 4.48% or 2.90 points to end at 61.90 and Anb Insurance (SE:8011) shed 3.60% or 0.74 points to 19.84.

Declining stocks outnumbered rising ones by 133 to 45 and 5 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.97% or 0.54 to $56.23 a barrel. Meanwhile, Brent oil for delivery in January rose 1.18% or 0.77 to hit $66.24 a barrel, while the December Gold Futures contract rose 0.23% or 2.80 to trade at $1202.00 a troy ounce.

EUR/SAR was up 0.07% to 4.2384, while USD/SAR rose 0.02% to 3.7520.

The US Dollar Index Futures was down 0.16% at 96.99.

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