Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Retail, Insurance and Real Estate Development sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 0.23%.
The best performers of the session on the Tadawul All Share were Zamil Industrial Investment Co (SE:2240), which rose 10.00% or 3.05 points to trade at 33.55 at the close. Meanwhile, Saudi RE Cooperative Reinsurance (SE:8200) added 7.42% or 1.24 points to end at 17.96 and Saudi Advanced Industries Co. (SE:2120) was up 5.19% or 2.80 points to 56.70 in late trade.
The worst performers of the session were Al Yamamah Steel Industries Co (SE:1304), which fell 2.08% or 1.00 points to trade at 47.10 at the close. Arab Sea Information Systems Co SJSC (SE:7201) declined 2.07% or 2.20 points to end at 104.20 and Arabia Insurance Cooperative Co (SE:8160) was down 2.04% or 0.65 points to 31.15.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 103 to 85 and 15 ended unchanged.
Shares in Zamil Industrial Investment Co (SE:2240) rose to 5-year highs; up 10.00% or 3.05 to 33.55. Shares in Saudi RE Cooperative Reinsurance (SE:8200) rose to 5-year highs; gaining 7.42% or 1.24 to 17.96.
Crude oil for July delivery was up 0.12% or 0.09 to $72.21 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.46% or 0.34 to hit $74.33 a barrel, while the August Gold Futures contract rose 0.08% or 1.55 to trade at $1857.95 a troy ounce.
EUR/SAR was up 0.01% to 4.5471, while USD/SAR unchanged 0.00% to 3.7502.
The US Dollar Index Futures was down 0.04% at 90.468.