Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Petrochemicals, Financial Services and Insurance sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 0.03%.
The best performers of the session on the Tadawul All Share were National Petrochemical Company (SE:2002), which rose 8.09% or 1.96 points to trade at 26.20 at the close. Meanwhile, United Electronics Company (SE:4003) added 6.94% or 4.37 points to end at 67.30 and Dur Hospitality (SE:4010) was up 5.77% or 1.14 points to 20.90 in late trade.
The worst performers of the session were Al Rajhi Bank (SE:1120), which fell 2.17% or 1.66 points to trade at 74.90 at the close. Saudi United Cooperative Insurance (SE:8060) declined 2.08% or 0.72 points to end at 33.85 and Banque Saudi Fransi (SE:1050) was down 1.81% or 0.55 points to 29.90.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 101 to 77 and 8 ended unchanged.
Shares in National Petrochemical Company (SE:2002) rose to 52-week highs; rising 8.09% or 1.96 to 26.20. Shares in United Electronics Company (SE:4003) rose to 52-week highs; up 6.94% or 4.37 to 67.30.
Crude oil for April delivery was up 0.58% or 0.35 to $61.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.34% or 0.22 to hit $64.86 a barrel, while the April Gold Futures contract fell 0.22% or 2.90 to trade at $1324.20 a troy ounce.
EUR/SAR was down 0.13% to 4.6405, while USD/SAR rose 0.02% to 3.7509.
The US Dollar Index Futures was up 0.07% at 89.76.