Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Financial Services, Energy & Utilities and Cement sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share added 1.29% to hit a new 5-year high.
The best performers of the session on the Tadawul All Share were Saudi Industrial Development Co. (SE:2130), which rose 10.00% or 1.88 points to trade at 20.68 at the close. Meanwhile, Middle East Specialized Cables Co (SE:2370) added 8.50% or 1.70 points to end at 21.70 and Al Yamamah Steel Industries Co (SE:1304) was up 8.10% or 3.05 points to 40.70 in late trade.
The worst performers of the session were Saudi Advanced Industries Co. (SE:2120), which fell 7.83% or 3.40 points to trade at 40.05 at the close. Saudi Arabian Amiantit Co. (SE:2160) declined 7.10% or 2.20 points to end at 28.80 and Saudi Steel Pipe Company (SE:1320) was down 6.03% or 2.05 points to 31.95.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 113 to 82 and 10 ended unchanged.
Shares in Saudi Industrial Development Co. (SE:2130) rose to 5-year highs; gaining 10.00% or 1.88 to 20.68. Shares in Middle East Specialized Cables Co (SE:2370) rose to 5-year highs; rising 8.50% or 1.70 to 21.70. Shares in Al Yamamah Steel Industries Co (SE:1304) rose to 3-years highs; rising 8.10% or 3.05 to 40.70.
Crude oil for April delivery was up 1.02% or 0.65 to $64.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.96% or 0.65 to hit $68.17 a barrel, while the April Gold Futures contract rose 0.14% or 2.35 to trade at $1719.25 a troy ounce.
EUR/SAR was up 0.21% to 4.4726, while USD/SAR rose 0.00% to 3.7512.
The US Dollar Index Futures was down 0.17% at 91.808.