Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Agriculture&Food, Media&Publishing and Telecoms&IT sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.40%.

The best performers of the session on the Tadawul All Share were Saudi Paper Manufacturing Co. (TADAWUL:2300), which rose 6.57% or 5.00 points to trade at 81.10 at the close. Meanwhile, Salama Cooperative Insurance Co (TADAWUL:8050) added 5.11% or 1.70 points to end at 35.00 and Thimar Development Holding Co (TADAWUL:4160) was up 4.54% or 0.66 points to 15.20 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which fell 7.14% or 0.01 points to trade at 0.13 at the close. Jadwa REIT Saudi Fund (TADAWUL:4342) declined 3.30% or 0.40 points to end at 11.72 and Arabian Internet and Communications Services Co CSJC (TADAWUL:7202) was down 3.10% or 10.80 points to 337.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 143 to 134 and 29 ended unchanged.

Shares in Saudi Paper Manufacturing Co. (TADAWUL:2300) rose to 5-year highs; up 6.57% or 5.00 to 81.10. Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130) fell to 52-week lows; down 7.14% or 0.01 to 0.13. Shares in Jadwa REIT Saudi Fund (TADAWUL:4342) fell to 52-week lows; losing 3.30% or 0.40 to 11.72.

Crude oil for June delivery was down 1.34% or 1.10 to $80.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.23% or 1.06 to hit $85.27 a barrel, while the June Gold Futures contract rose 0.23% or 5.30 to trade at $2,308.20 a troy ounce.

EUR/SAR was unchanged 0.05% to 4.00, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.00% at 106.11.