Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Building & Construction, Transport, and Insurance sectors led shares down.
At the close in Saudi Arabia, the Tadawul All Share declined 1.71%.

Best Performers

The best performers of the session on the Tadawul All Share were:
– Al Baha Investment and Development Company SJSC (TADAWUL:4130): rose 8.33% or 0.02 points to trade at 0.26.
– East Pipes Integrated Company for Industry (TADAWUL:1321): added 2.03% or 3.00 points to end at 150.60.
– The National Co for Glass Industrie (TADAWUL:2150): up 1.67% or 0.90 points to 54.90 in late trade.

Worst Performers

The worst performers of the session included:
– Amana Cooperative Insurance Co (TADAWUL:8310): fell 5.99% or 0.74 points to trade at 11.62.
– Malath Cooperative Insurance Co (TADAWUL:8020): declined 5.44% or 0.86 points to end at 14.94.
– MBC Group CJSC (TADAWUL:4072): down 5.34% or 2.60 points to 46.10.

Market Statistics

• Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 283 to 27, with 2 stocks ending unchanged.
• Al Baha Investment and Development Company reached a 52-week high (+8.33%), while Malath Cooperative Insurance fell to a 52-week low (-5.44%).
• The National Co for Glass Industrie achieved a 5-year high (+1.67%).

Commodities Update

• Crude oil for November delivery was up 2.66% or 1.86, trading at $71.69 a barrel.
• Brent oil for December rose 2.37% or 1.74 to $75.30 a barrel.
• December Gold Futures contract fell 0.74% or 20.00 to trade at $2,670.30 a troy ounce.

Currency Update

• EUR/SAR was unchanged at 0.05% to 4.15.
• USD/SAR remained unchanged at 0.03% to 3.75.
• The US Dollar Index Futures was up 0.27% at 101.21.