Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Insurance, Energy & Utilities, and Agriculture & Food sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.83%.

Best Performers

The best performers of the session on the Tadawul All Share were:
– Fawaz Abdulaziz AlHokair Company (TADAWUL:4240): rose 9.83% or 1.04 points to trade at 11.62.
– Herfy Food Services Co (TADAWUL:6002): added 9.82% or 2.50 points to end at 27.95.
– Al Baha Investment and Development Company SJSC (TADAWUL:4130): up 8.33% or 0.03 points to 0.39 in late trade.

Worst Performers

The worst performers of the session were:
– United Wire Factories Company (TADAWUL:1301): fell 5.13% or 1.55 points to trade at 28.65.
– Tourism Enterprise Co. (TADAWUL:4170): declined 4.67% or 0.05 points to end at 1.02.
– Red Sea Housing Services Company (TADAWUL:4230): down 4.64% or 3.00 points to 61.70.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 200 to 92 and 14 ended unchanged.

Shares in Al Baha Investment and Development Company SJSC rose to 5-year highs, up 8.33% or 0.03 to 0.39.

Commodity Prices

• Crude oil for November delivery was down 0.45% or 0.33 to $73.24 a barrel.
• Brent oil for delivery in December fell 0.47% or 0.36 to hit $76.82 a barrel.
• December Gold Futures contract rose 0.07% or 1.90 to trade at $2,637.30 a troy ounce.

Currency Update

• EUR/SAR was down 0.13% to 4.11.
• USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.15% at 102.46.