Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.69%

Investing.com – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Financial Services, Telecoms&IT and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.69% to hit a new 1-month high.

The biggest gainers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230), which rose 7.10% or 2.50 points to trade at 37.70 at the close. Tourism Enterprise Co. (TADAWUL:4170) added 6.10% or 0.05 points to end at 0.87 and The National Co for Glass Industrie (TADAWUL:2150) was up 5.13% or 2.35 points to 48.20 in late trade.

Biggest losers included Fawaz Abdulaziz AlHokair Company (TADAWUL:4240), which lost 3.41% or 0.36 points to trade at 10.20 in late trade. Abdullah Saad Mohammed Abo Moati Stationeries Co (TADAWUL:4191) declined 3.28% or 1.00 points to end at 29.50 and Wataniya Insurance Company (TADAWUL:8300) shed 2.89% or 0.90 points to 30.25.

Advancing stocks outnumbered falling ones by 165 to 132 and 19 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.37% or 0.27 to $73.44 a barrel. Meanwhile, Brent oil for delivery in October rose 0.36% or 0.28 to hit $77.48 a barrel, while the December Gold Futures contract fell 0.20% or 5.10 to trade at $2,545.50 a troy ounce.

EUR/SAR was unchanged 0.05% to 4.17, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was unchanged 0.00% at 101.30.