Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.60%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Energy&Utilities, Financial Services and Insurance sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.60%.

The best performers of the session on the Tadawul All Share were Anaam International Holding Group (TADAWUL:4061), which rose 9.38% or 0.09 points to trade at 1.05 at the close. Meanwhile, Alkhaleej Training&Education Co (TADAWUL:4290) added 8.07% or 2.05 points to end at 27.45 and Al Baha Investment and Development Company SJSC (TADAWUL:4130) was up 7.69% or 0.01 points to 0.14 in late trade.

The worst performers of the session were International Company for Water and Power Projects (ACWA Power) (TADAWUL:2082), which fell 5.43% or 13.80 points to trade at 240.20 at the close. CATRION Catering Holding Company SJSC (TADAWUL:6004) declined 5.20% or 6.80 points to end at 124.00 and National Agriculture Development Co (TADAWUL:6010) was down 4.55% or 1.30 points to 27.30.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 201 to 84 and 16 ended unchanged.

Shares in Alkhaleej Training&Education Co (TADAWUL:4290) rose to 5-year highs; rising 8.07% or 2.05 to 27.45.

Crude oil for February delivery was up 0.65% or 0.46 to $70.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.79% or 0.60 to hit $76.49 a barrel, while the February Gold Futures contract fell 0.94% or 19.40 to trade at $2,054.00 a troy ounce.

EUR/SAR was down 0.22% to 4.10, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.27% at 102.16.