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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.72%

Published 18/10/2017, 14:15
Updated 18/10/2017, 14:15
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.72%

© Reuters. Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.72%

Investing.com – Saudi Arabia equities were lower at the close on Wednesday, as losses in the Retail, Agriculture & Food and Hotels & Tourism sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.72%.

The biggest gainers of the session on the Tadawul All Share were Saudi Advanced Industries Co. (SE:2120), which rose 9.93% or 1.18 points to trade at 13.06 at the close. Malath Cooperative Insurance Co (SE:8020) added 9.91% or 1.50 points to end at 16.64 and Red Sea Housing Services Company (SE:4230) was up 5.15% or 0.94 points to 19.20 in late trade.

Biggest losers included Aseer Trading Tourism&Manufacturing (SE:4080), which lost 3.98% or 0.58 points to trade at 14.00 in late trade. Saudi Industrial Investment Group (SE:2250) declined 3.30% or 0.74 points to end at 21.70 and United Int Transportation Company (SE:4260) shed 3.23% or 0.86 points to 25.80.

Declining stocks outnumbered rising ones by 131 to 37 and 10 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.54% or 0.28 to $52.16 a barrel. Meanwhile, Brent oil for delivery in December rose 0.73% or 0.42 to hit $58.30 a barrel, while the December Gold Futures contract fell 0.29% or 3.79 to trade at $1282.41 a troy ounce.

EUR/SAR was down 0.02% to 4.4127, while USD/SAR fell 0.02% to 3.7501.

The US Dollar Index Futures was up 0.13% at 93.48.

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