Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Energy & Utilities, Real Estate Development and Retail sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share gained 0.93% to hit a new 1-month high.
The best performers of the session on the Tadawul All Share were National Agriculture Development Co (SE:6010), which rose 9.76% or 2.80 points to trade at 31.50 at the close. Meanwhile, United Electronics Company (SE:4003) added 7.37% or 2.50 points to end at 36.40 and Makkah Construction&Development Co (SE:4100) was up 5.54% or 6.25 points to 119.00 in late trade.
The worst performers of the session were Southern Province Cement Co. (SE:3050), which fell 2.09% or 1.25 points to trade at 58.50 at the close. Gulf General Cooperative Insurance (SE:8260) declined 1.68% or 0.30 points to end at 17.60 and Allianz Saudi Fransi Cooperative Insurance Company (SE:8040) was down 0.93% or 0.40 points to 42.80.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 113 to 34 and 29 ended unchanged.
Shares in National Agriculture Development Co (SE:6010) rose to 52-week highs; rising 9.76% or 2.80 to 31.50. Shares in Makkah Construction&Development Co (SE:4100) rose to 5-year highs; gaining 5.54% or 6.25 to 119.00.
Crude oil for May delivery was up 1.20% or 0.61 to $51.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.16% or 0.63 to hit $54.80 a barrel, while the June Gold Futures contract fell 0.59% or 7.45 to trade at $1250.95 a troy ounce.
EUR/SAR was down 0.11% to 3.9995, while USD/SAR unchanged 0.00% to 3.7504.
The US Dollar Index Futures was up 0.08% at 100.50.