Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Insurance, Cement and Media & Publishing sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share gained 0.40%.
The best performers of the session on the Tadawul All Share were Saudi United Cooperative Insurance (SE:8060), which rose 7.17% or 1.05 points to trade at 15.70 at the close. Meanwhile, Saudi Industrial Investment Group (SE:2250) added 4.90% or 0.60 points to end at 12.85 and Samba Financial Group (SE:1090) was up 4.86% or 0.85 points to 18.35 in late trade.
The worst performers of the session were Al Rajhi Bank (SE:1120), which fell 2.74% or 1.50 points to trade at 53.25 at the close. National Gas & Industrialization Co (SE:2080) declined 1.87% or 0.50 points to end at 26.30 and Dar Alarkan Real Estate Development (SE:4300) was down 1.87% or 0.10 points to 5.25.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 109 to 32 and 28 ended unchanged.
Shares in Saudi United Cooperative Insurance (SE:8060) rose to 52-week highs; gaining 7.17% or 1.05 to 15.70.
Crude oil for November delivery was up 1.88% or 0.83 to $44.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.48% or 0.68 to hit $46.56 a barrel, while the December Gold contract rose 0.85% or 11.25 to trade at $1329.45 a troy ounce.
EUR/SAR was down 0.05% to 4.1818, while USD/SAR fell 0.06% to 3.7503.
The US Dollar Index was down 0.17% at 95.81.