Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Energy & Utilities, Telecoms & IT and Industrial Investment sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 0.03% to hit a new 1-month high.
The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE:4140), which rose 6.69% or 4.90 points to trade at 78.10 at the close. Meanwhile, Mobile Telecommunications Company (SE:7030) added 4.18% or 0.56 points to end at 13.96 and Rabigh Refining & Petrochemical Co (SE:2380) was up 2.93% or 0.62 points to 21.80 in late trade.
The worst performers of the session were Aldrees Petroleum & Transport Svcs (SE:4200), which fell 2.27% or 0.90 points to trade at 38.70 at the close. Salama Cooperative Insurance Co (SE:8050) declined 2.19% or 0.30 points to end at 13.40 and ALAHLI TAKAFUL COMPANY (SE:8130) was down 2.12% or 0.55 points to 25.45.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 87 to 86 and 21 ended unchanged.
Shares in Mobile Telecommunications Company (SE:7030) rose to 3-years highs; up 4.18% or 0.56 to 13.96.
Crude oil for August delivery was up 0.52% or 0.30 to $57.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.89% or 0.57 to hit $64.92 a barrel, while the August Gold Futures contract rose 0.13% or 1.85 to trade at $1413.05 a troy ounce.
EUR/SAR was up 0.07% to 4.2069, while USD/SAR rose 0.00% to 3.7505.
The US Dollar Index Futures was down 0.09% at 96.958.