Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Hotels & Tourism, Industrial Investment and Petrochemicals sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 0.93%.
The best performers of the session on the Tadawul All Share were Food Products Co. (SE:2100), which rose 10.18% or 2.80 points to trade at 30.30 at the close. Meanwhile, Al-Ahlia Insurance Company (SE:8140) added 10.00% or 0.80 points to end at 8.80 and Arabia Insurance Cooperative Co (SE:8160) was up 9.55% or 0.95 points to 10.90 in late trade.
The worst performers of the session were Saudi Airlines Catering Company (SE:6004), which fell 3.74% or 4.00 points to trade at 103.00 at the close. Alkhaleej Training & Education Co (SE:4290) declined 2.59% or 0.70 points to end at 26.30 and Fawaz Abdulaziz AlHokair Company (SE:4240) was down 1.80% or 0.70 points to 38.10.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 127 to 26 and 15 ended unchanged.
Shares in Fawaz Abdulaziz AlHokair Company (SE:4240) fell to 3-years lows; falling 1.80% or 0.70 to 38.10.
Crude oil for June delivery was up 2.11% or 0.93 to $44.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.04% or 0.93 to hit $46.51 a barrel, while the June Gold contract rose 0.50% or 6.25 to trade at $1249.65 a troy ounce.
EUR/SAR was up 0.17% to 4.2431, while USD/SAR rose 0.02% to 3.7497.
The US Dollar Index was down 0.06% at 94.39.