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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.43%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Hotels & Tourism, Transport and Building & Construction sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.43%.

The best performers of the session on the Tadawul All Share were Saudi Fisheries Co. (TADAWUL:6050), which rose 9.92% or 2.20 points to trade at 24.38 at the close. Meanwhile, Al Baha Investment and Development Company SJSC (TADAWUL:4130) added 7.69% or 0.01 points to end at 0.14 and Saudi Steel Pipe Company (TADAWUL:1320) was up 5.92% or 4.30 points to 76.90 in late trade.

The worst performers of the session were SNB Capital Funds of REITs Fund Unit (TADAWUL:4338), which fell 3.33% or 0.27 points to trade at 7.85 at the close. Knowledge Economic City (TADAWUL:4310) declined 3.27% or 0.52 points to end at 15.38 and Americana Restaurants (TADAWUL:6015) was down 3.11% or 0.09 points to 2.80.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 223 to 70 and 23 ended unchanged.

Crude oil for October delivery was down 0.73% or 0.51 to $69.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.71% or 0.52 to hit $73.23 a barrel, while the December Gold Futures contract fell 0.13% or 3.40 to trade at $2,519.60 a troy ounce.

EUR/SAR was unchanged 0.09% to 4.15, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.10% at 101.67.

This post appeared first on investing.com

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