Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Real Estate Development, Telecoms & IT and Financial Services sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share added 0.49%.
The best performers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication (TADAWUL:7040), which rose 7.57% or 5.50 points to trade at 78.20 at the close. Meanwhile, Middle East Healthcare Co CJSC (TADAWUL:4009) added 6.69% or 4.20 points to end at 67.00 and Theeb Rent a Car Company SJSC (TADAWUL:4261) was up 6.59% or 5.10 points to 82.50 in late trade.
The worst performers of the session were Abdullah Al Othaim Markets Company (TADAWUL:4001), which fell 2.97% or 0.44 points to trade at 14.36 at the close. Savola Group (TADAWUL:2050) declined 2.50% or 1.00 points to end at 39.00 and Saudi Airlines Catering Company (TADAWUL:6004) was down 2.17% or 2.00 points to 90.10.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 144 to 102 and 26 ended unchanged.
Shares in Etihad Atheeb Telecommunication (TADAWUL:7040) rose to 52-week highs; gaining 7.57% or 5.50 to 78.20. Shares in Middle East Healthcare Co CJSC (TADAWUL:4009) rose to 5-year highs; up 6.69% or 4.20 to 67.00. Shares in Theeb Rent a Car Company SJSC (TADAWUL:4261) rose to all time highs; rising 6.59% or 5.10 to 82.50.
Crude oil for July delivery was up 1.46% or 1.05 to $72.79 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 1.30% or 0.99 to hit $77.28 a barrel, while the August Gold Futures contract fell 0.05% or 0.90 to trade at $1,980.60 a troy ounce.
EUR/SAR was up 0.33% to 4.02, while USD/SAR unchanged 0.00% to 3.75.
The US Dollar Index Futures was down 0.30% at 103.76.