Investing.com – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Cement, Telecoms & IT and Financial Services sectors propelled shares higher.
At the close in Saudi Arabia, the Tadawul All Share added 0.25% to hit a new 52-week high.
The biggest gainers of the session on the Tadawul All Share were Tabuk Cement Co. (SE:3090), which rose 9.96% or 1.31 points to trade at 14.46 at the close. Middle East Healthcare Co (SE:4009) added 7.32% or 4.09 points to end at 60.00 and Yanbu Cement Co. (SE:3060) was up 6.07% or 1.91 points to 33.40 in late trade.
Biggest losers included The Company for Coop. Insurance (SE:8010), which lost 4.11% or 3.59 points to trade at 83.70 in late trade. Aseer Trading Tourism&Manufacturing (SE:4080) declined 2.82% or 0.37 points to end at 12.74 and Salama Cooperative Insurance Co (SE:8050) shed 2.25% or 0.66 points to 28.65.
Declining stocks outnumbered rising ones by 108 to 74 and 3 ended unchanged on the Saudi Arabia Stock Exchange.
In commodities trading, Crude oil for March delivery was down 0.53% or 0.34 to $64.16 a barrel. Meanwhile, Brent oil for delivery in April fell 0.38% or 0.26 to hit $68.26 a barrel, while the February Gold Futures contract rose 0.46% or 6.10 to trade at $1341.50 a troy ounce.
EUR/SAR was up 0.44% to 4.6715, while USD/SAR fell 0.01% to 3.7498.
The US Dollar Index Futures was down 0.34% at 88.72.