Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.24%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Energy & Utilities , Financial Services and Media & Publishing sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.24% to hit a new 3-months low.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130 ), which fell 3.23% or 0.01 points to trade at 0.30 at the close. Meanwhile, United Int Transportation Company (TADAWUL:4260 ) added 6.54% or 4.70 points to end at 76.60 and Anaam International Holding Group (TADAWUL:4061 ) was up 5.98% or 0.07 points to 1.24 in late trade.

The worst performers of the session were Saudi Cable Company (TADAWUL:2110 ), which fell 6.67% or 6.50 points to trade at 90.90 at the close. SHL Financing Company SJSC (TADAWUL:1183 ) declined 4.74% or 0.84 points to end at 16.90 and Filing & Packing Materials Co. (TADAWUL:2180 ) was down 4.12% or 1.85 points to 43.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 221 to 92 and 20 ended unchanged.

Shares in Filing & Packing Materials Co. (TADAWUL:2180 ) fell to 52-week lows; falling 4.12% or 1.85 to 43.00.

Crude oil for January delivery was up 0.76% or 0.52 to $69.29 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.65% or 0.47 to hit $72.79 a barrel, while the February Gold Futures contract rose 1.21% or 32.14 to trade at $2,678.44 a troy ounce.

EUR/SAR was up 0.39% to 3.95, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was down 0.60% at 106.32.

Source: Investing.com