Investing.com – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Building & Construction, Telecoms & IT and Energy & Utilities sectors propelled shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 0.34%.
The biggest gainers of the session on the Tadawul All Share were Salama Cooperative Insurance Co (TADAWUL:8050), which rose 9.54% or 1.74 points to trade at 19.98 at the close. Wataniya Insurance Company (TADAWUL:8300) added 6.04% or 1.48 points to end at 26.00 and Allied Cooperative Insurance Group SJSC (TADAWUL:8150) was up 5.65% or 0.76 points to 14.22 in late trade.
Biggest losers included Nayifat Finance Co (TADAWUL:4081), which lost 3.75% or 0.58 points to trade at 14.88 in late trade. Riyad REIT (TADAWUL:4330) declined 2.79% or 0.19 points to end at 6.61 and AL-BABTAIN POWER &TELECOM CO (TADAWUL:2320) shed 2.31% or 0.90 points to 38.10.
Advancing stocks outnumbered falling ones by 176 to 116 and 33 ended unchanged on the Saudi Arabia Stock Exchange.
In commodities trading, Crude oil for February delivery was down 0.19% or 0.14 to $71.72 a barrel. Meanwhile, Brent oil for delivery in March rose 1.16% or 0.85 to hit $74.42 a barrel, while the February Gold Futures contract fell 0.00% or 0.05 to trade at $2,639.30 a troy ounce.
EUR/SAR was down 0.16% to 3.91, while USD/SAR unchanged 0.04% to 3.76.
The US Dollar Index Futures was up 0.32% at 108.28.