Saudi Arabia Stock Market Summary

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, primarily due to losses in the Insurance, Agriculture & Food, and Transport sectors.

At the close, the Tadawul All Share declined by 0.46%.

Best Performers

The top performers of the session include:
– Al Baha Investment and Development Company SJSC (TADAWUL:4130): up 3.45% or 0.01 points, trading at 0.30.
– Umm Al-Qura (TADAWUL:3005): increased by 2.42% or 0.40 points, ending at 16.94.
– Saudi Pharmaceutical Appliances (TADAWUL:2070): up 2.24% or 0.70 points, closing at 31.90.

Worst Performers

The worst performers included:
– East Pipes Integrated Company for Industry (TADAWUL:1321): fell 4.49% or 7.40 points, trading at 157.40.
– Bupa Arabia for Coop. Insurance (TADAWUL:8210): declined 3.51% or 7.40 points, ending at 203.60.
– Arabian Contracting Services Company CJSC (TADAWUL:4071): down 3.09% or 5.60 points, closing at 175.40.

Falling stocks outnumbered advancing ones on the Saudi Stock Exchange by 193 to 102, with 19 ending unchanged.

Shares in Arabian Contracting Services Company CJSC fell to 52-week lows, decreasing 3.09% or 5.60 to 175.40.

Commodities Trading

• Crude oil for December delivery decreased 1.59% or 1.14 to $70.60 a barrel.
• Brent oil for delivery in December dropped 1.53% or 1.16 to $74.88 a barrel.
• December Gold Futures fell 0.12% or 3.40 to trade at $2,756.40 a troy ounce.

Currency Exchange

• EUR/SAR decreased 0.23% to 4.05, while USD/SAR remained unchanged at 3.76.

The US Dollar Index Futures rose 0.41% to 104.33.