Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Industrial Investment, Building & Construction and Media & Publishing sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 1.12% to hit a new 3-months low.
The best performers of the session on the Tadawul All Share were Makkah Construction&Development Co (SE:4100), which rose 2.13% or 1.75 points to trade at 83.75 at the close. Meanwhile, Arabian Shield Coop Insurance Co (SE:8070) added 1.87% or 0.45 points to end at 24.55 and Salama Cooperative Insurance Co (SE:8050) was up 1.60% or 0.20 points to 12.70 in late trade.
The worst performers of the session were Red Sea Housing Services Company (SE:4230), which fell 10.11% or 2.70 points to trade at 24.00 at the close. Wataniya Insurance Company (SE:8300) declined 9.51% or 2.55 points to end at 24.25 and United Wire Factories Company (SE:1301) was down 8.18% or 1.95 points to 21.90.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 139 to 20 and 10 ended unchanged.
Shares in Wataniya Insurance Company (SE:8300) fell to 5-year lows; losing 9.51% or 2.55 to 24.25.
Crude oil for October delivery was down 1.50% or 0.72 to $47.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.92% or 0.46 to hit $49.50 a barrel, while the December Gold contract fell 1.01% or 13.55 to trade at $1332.55 a troy ounce.
EUR/SAR was down 0.42% to 4.2218, while USD/SAR rose 0.01% to 3.7502.
The US Dollar Index was up 0.25% at 94.74.