Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Cement, Real Estate Development and Petrochemicals sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 0.48%.
The best performers of the session on the Tadawul All Share were Astra Industrial Group (SE:1212), which rose 8.62% or 3.80 points to trade at 47.90 at the close. Meanwhile, BURUJ COOPERATIVE INSURANCE CO (SE:8270) added 6.97% or 1.54 points to end at 23.64 and SABB Takaful (SE:8080) was up 5.50% or 1.12 points to 21.50 in late trade.
The worst performers of the session were Allied Cooperative Insurance Group SJSC (SE:8150), which fell 5.24% or 1.00 points to trade at 18.10 at the close. Bindawood Holding Co (SE:4161) declined 4.40% or 4.40 points to end at 95.50 and Dar Alarkan Real Estate Development (SE:4300) was down 3.97% or 0.46 points to 11.14.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 119 to 103 and 16 ended unchanged.
Shares in Allied Cooperative Insurance Group SJSC (SE:8150) fell to 52-week lows; down 5.24% or 1.00 to 18.10.
Crude oil for May delivery was up 3.92% or 4.09 to $108.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 3.83% or 4.12 to hit $111.83 a barrel, while the April Gold Futures contract rose 0.85% or 16.30 to trade at $1,928.50 a troy ounce.
EUR/SAR was up 0.59% to 4.18, while USD/SAR unchanged 0.02% to 3.75.
The US Dollar Index Futures was down 0.58% at 97.87.