Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Hotels & Tourism, Transport and Energy & Utilities sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share added 0.99% to hit a new 1-month high.
The best performers of the session on the Tadawul All Share were Arabian Pipes Company (SE:2200), which rose 9.67% or 1.30 points to trade at 14.75 at the close. Meanwhile, Amana Cooperative Insurance Co (SE:8310) added 9.52% or 0.90 points to end at 10.35 and Saudi Industrial Development Co. (SE:2130) was up 4.93% or 0.55 points to 11.70 in late trade.
The worst performers of the session were Saudi Kayan Petrochemical Company (SE:2350), which fell 2.78% or 0.20 points to trade at 7.00 at the close. Solidarity Saudi Takaful Co (SE:8290) declined 2.45% or 0.25 points to end at 9.95 and Al-Ahlia Insurance Company (SE:8140) was down 1.83% or 0.15 points to 8.05.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 127 to 22 and 21 ended unchanged.
Crude oil for August delivery was down 1.03% or 0.48 to $46.32 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.36% or 0.66 to hit $47.81 a barrel, while the August Gold contract rose 0.47% or 6.25 to trade at $1341.55 a troy ounce.
EUR/SAR was up 0.26% to 4.1599, while USD/SAR fell 0.00% to 3.7503.
The US Dollar Index was down 0.26% at 96.30.