Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Telecoms & IT, Insurance and Transport sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 0.19%.
The best performers of the session on the Tadawul All Share were Takween Advanced Industries (SE:1201), which rose 9.96% or 7.29 points to trade at 80.50 at the close. Meanwhile, Trade Union Cooperative Insurance (SE:8170) added 9.84% or 3.45 points to end at 38.50 and Mobile Telecommunications Company (SE:7030) was up 5.70% or 0.65 points to 12.05 in late trade.
The worst performers of the session were Salama Cooperative Insurance Co (SE:8050), which fell 35.10% or 10.33 points to trade at 19.10 at the close. Saudi Cement Company (SE:3030) declined 4.62% or 4.47 points to end at 92.25 and United Electronics Company (SE:4003) was down 3.96% or 3.35 points to 81.25.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 89 to 76.
Shares in Takween Advanced Industries (SE:1201) rose to all time highs; rising 9.96% or 7.29 to 80.50. Shares in Salama Cooperative Insurance Co (SE:8050) fell to all time lows; falling 35.10% or 10.33 to 19.10.
Crude oil for August delivery was down 1.72% or 1.02 to $58.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.03% or 0.66 to hit $62.94 a barrel, while the August Gold contract fell 0.21% or 2.50 to trade at $1169.30 a troy ounce.
EUR/SAR was down 0.51% to 4.1596, while USD/SAR fell 0.00% to 3.7500.
The US Dollar Index was up 0.45% at 96.19.