Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Real Estate Development, Industrial Investment and Petrochemicals sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 1.01%.
The best performers of the session on the Tadawul All Share were Alawwal Bank (SE:1040), which rose 9.95% or 1.26 points to trade at 13.92 at the close. Meanwhile, Saudi Company for Hardware (SE:4008) added 5.93% or 6.79 points to end at 121.20 and Saudi Cable Company (SE:2110) was up 5.32% or 0.43 points to 8.51 in late trade.
The worst performers of the session were Amana Cooperative Insurance Co (SE:8310), which fell 7.48% or 1.20 points to trade at 14.84 at the close. Al-Jouf Agriculture Development Co (SE:6070) declined 5.85% or 1.59 points to end at 25.60 and Dar Alarkan Real Estate Development (SE:4300) was down 5.58% or 0.66 points to 11.16.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 157 to 23 and 2 ended unchanged.
Shares in Alawwal Bank (SE:1040) rose to 52-week highs; rising 9.95% or 1.26 to 13.92.
Crude oil for June delivery was down 0.67% or 0.48 to $70.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.82% or 0.64 to hit $77.79 a barrel, while the June Gold Futures contract fell 0.12% or 1.50 to trade at $1288.80 a troy ounce.
EUR/SAR was down 0.47% to 4.4184, while USD/SAR rose 0.04% to 3.7513.
The US Dollar Index Futures was up 0.29% at 93.41.