Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Real Estate Development, Financial Services and Retail sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share fell 0.71%.
The best performers of the session on the Tadawul All Share were Eastern Province Cement Co. (SE:3080), which rose 4.35% or 1.25 points to trade at 30.00 at the close. Meanwhile, Southern Province Cement Co. (SE:3050) added 3.48% or 1.70 points to end at 50.60 and Arabian Pipes Company (SE:2200) was up 2.15% or 0.21 points to 9.96 in late trade.
The worst performers of the session were Riyad Bank (SE:1010), which fell 3.53% or 0.95 points to trade at 26.00 at the close. Knowledge Economic City (SE:4310) declined 3.12% or 0.31 points to end at 9.64 and Dar Alarkan Real Estate Development (SE:4300) was down 3.00% or 0.36 points to 11.64.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 120 to 56 and 12 ended unchanged.
Shares in Eastern Province Cement Co. (SE:3080) rose to 52-week highs; up 4.35% or 1.25 to 30.00. Shares in Southern Province Cement Co. (SE:3050) rose to 52-week highs; up 3.48% or 1.70 to 50.60.
Crude oil for August delivery was down 0.59% or 0.32 to $53.79 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.68% or 0.42 to hit $61.72 a barrel, while the August Gold Futures contract fell 0.16% or 2.15 to trade at $1348.55 a troy ounce.
EUR/SAR was up 0.20% to 4.2047, while USD/SAR rose 0.01% to 3.7502.
The US Dollar Index Futures was down 0.19% at 96.972.