Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.85%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the fell 0.85%.

The best performers of the session on the were Saudi Automotive Services Co. (SE:), which rose 9.96% or 2.16 points to trade at 23.84 at the close. Meanwhile, Aldrees Petroleum & Transport Svcs (SE:) added 9.90% or 4.80 points to end at 53.30 and Saudi Arabia Refineries Co. (SE:) was up 5.07% or 2.25 points to 46.65 in late trade.

The worst performers of the session were ACE ARABIA COOPERATIVE INSURANCE (SE:), which fell 4.12% or 0.86 points to trade at 20.02 at the close. Maharah Human Resources Co (SE:) declined 3.88% or 3.90 points to end at 96.70 and Saudi Chemical Company (SE:) was down 3.85% or 1.00 points to 25.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 122 to 59 and 10 ended unchanged.

Shares in Saudi Automotive Services Co. (SE:) rose to 3-years highs; gaining 9.96% or 2.16 to 23.84. Shares in Aldrees Petroleum & Transport Svcs (SE:) rose to 3-years highs; up 9.90% or 4.80 to 53.30. Shares in Saudi Arabia Refineries Co. (SE:) rose to 52-week highs; rising 5.07% or 2.25 to 46.65.

Crude oil for November delivery was down 0.26% or 0.14 to $53.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.65% or 0.38 to hit $58.51 a barrel, while the December Gold Futures contract rose 0.57% or 8.45 to trade at $1497.45 a troy ounce.

EUR/SAR was up 0.13% to 4.1055, while USD/SAR fell 0.00% to 3.7510.

The US Dollar Index Futures was up 0.02% at 98.795.

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