Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Insurance, Cement and Multi Investment sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 0.10%.
The best performers of the session on the Tadawul All Share were Saudi Cable Company (SE:2110), which rose 9.83% or 2.43 points to trade at 27.15 at the close. Meanwhile, Mobile Telecommunications Company (SE:7030) added 8.21% or 1.34 points to end at 17.66 and Arabian Pipes Company (SE:2200) was up 8.09% or 1.44 points to 19.24 in late trade.
The worst performers of the session were Tourism Enterprise Co. (SE:4170), which fell 3.18% or 1.70 points to trade at 51.80 at the close. Gulf General Cooperative Insurance (SE:8260) declined 3.13% or 0.85 points to end at 26.30 and Bupa Arabia for Coop. Insurance (SE:8210) was down 2.98% or 3.80 points to 123.60.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 103 to 92 and 7 ended unchanged.
Shares in Saudi Cable Company (SE:2110) rose to 52-week highs; up 9.83% or 2.43 to 27.15. Shares in Mobile Telecommunications Company (SE:7030) rose to 5-year highs; gaining 8.21% or 1.34 to 17.66. Shares in Arabian Pipes Company (SE:2200) rose to 5-year highs; up 8.09% or 1.44 to 19.24.
Crude oil for November delivery was up 1.77% or 0.71 to $40.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.51% or 0.64 to hit $43.09 a barrel, while the December Gold Futures contract rose 1.02% or 19.40 to trade at $1914.00 a troy ounce.
EUR/SAR was up 0.17% to 4.4124, while USD/SAR rose 0.01% to 3.7511.
The US Dollar Index Futures was down 0.26% at 93.297.