Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Hotels & Tourism, Retail and Insurance sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 0.61% to hit a new 3-months low.
The best performers of the session on the Tadawul All Share were Gulf Union Cooperative Insurance (SE:8120), which rose 8.20% or 1.00 points to trade at 13.20 at the close. Meanwhile, Filing & Packing Materials Co. (SE:2180) added 7.16% or 2.40 points to end at 35.90 and Al Aseel Co Ltd (SE:4012) was up 5.75% or 2.50 points to 46.00 in late trade.
The worst performers of the session were Al Sorayai Trading&Industrial Group (SE:1213), which fell 9.91% or 1.62 points to trade at 14.72 at the close. Anb Insurance (SE:8011) declined 6.63% or 1.10 points to end at 15.50 and Umm Al-Qura (SE:3005) was down 5.24% or 1.45 points to 26.20.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 163 to 29 and 7 ended unchanged.
Shares in Filing & Packing Materials Co. (SE:2180) rose to 52-week highs; gaining 7.16% or 2.40 to 35.90.
Crude oil for April delivery was down 0.72% or 0.36 to $49.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.98% or 0.53 to hit $53.73 a barrel, while the April Gold Futures contract fell 0.70% or 11.55 to trade at $1638.45 a troy ounce.
EUR/SAR was down 0.05% to 4.0800, while USD/SAR fell 0.01% to 3.7521.
The US Dollar Index Futures was up 0.16% at 99.058.