Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Media & Publishing, Multi Investment and Petrochemicals sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share fell 1.62% to hit a new 1-month low.
The best performers of the session on the Tadawul All Share were Malath Cooperative Insurance Co (SE:8020), which rose 3.59% or 0.30 points to trade at 8.65 at the close. Meanwhile, Etihad Atheeb Telecommunication (SE:7040) added 1.72% or 0.050 points to end at 2.950 and Knowledge Economic City (SE:4310) was up 1.58% or 0.30 points to 19.30 in late trade.
The worst performers of the session were Qassim Agriculture Co. (SE:6020), which fell 9.18% or 0.90 points to trade at 8.90 at the close. Saudi Cement Company (SE:3030) declined 8.08% or 5.25 points to end at 59.75 and Saudi Industrial Development Co. (SE:2130) was down 7.24% or 0.80 points to 10.25.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 149 to 16 and 6 ended unchanged.
Crude oil for February delivery was up 0.69% or 0.35 to $51.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.89% or 0.48 to hit $54.12 a barrel, while the February Gold contract rose 0.25% or 2.95 to trade at $1188.45 a troy ounce.
EUR/SAR was down 0.51% to 3.9386, while USD/SAR fell 0.01% to 3.7505.
The US Dollar Index was up 0.47% at 102.49.