Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Hotels & Tourism, Retail and Building & Construction sectors propelled shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 1.71% to hit a new 3-month low.
The biggest gainers of the session on the Tadawul All Share were Saudi Steel Pipe Company (SE:1320), which rose 5.42% or 1.00 points to trade at 19.45 at the close. Saudi Public Transport Co. (SE:4040) added 1.12% or 0.15 points to end at 13.55 and Jabal Omar Development Company (SE:4250) was up 0.82% or 0.50 points to 61.50 in late trade.
Biggest losers included United Wire Factories Company (SE:1301), which lost 6.45% or 1.80 points to trade at 26.10 in late trade. Alkhaleej Training & Education Co (SE:4290) declined 6.12% or 1.35 points to end at 20.70 and Saudi Transport & Investment Co (SE:4110) shed 5.79% or 3.50 points to 57.00.
Declining stocks outnumbered rising ones by 161 to 4 and 4 ended unchanged on the Saudi Arabia Stock Exchange.
In commodities trading, Crude oil for September delivery was down 0.45% or 0.21 to $46.37 a barrel. Meanwhile, Brent oil for delivery in October rose 0.08% or 0.04 to hit $49.27 a barrel, while the December Gold contract fell 0.60% or 8.15 to trade at $1348.75 a troy ounce.
EUR/SAR was down 0.01% to 4.2290, while USD/SAR fell 0.01% to 3.7500.
The US Dollar Index was up 0.11% at 94.85.