Investing.com – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Insurance, Retail and Telecoms & IT sectors propelled shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 0.92%.
The biggest gainers of the session on the Tadawul All Share were Bupa Arabia for Coop. Insurance (SE:8210), which rose 7.88% or 7.52 points to trade at 103.00 at the close. Al Sorayai Trading&Industrial Group (SE:1213) added 7.27% or 0.98 points to end at 14.46 and The Company for Coop. Insurance (SE:8010) was up 5.82% or 4.39 points to 79.80 in late trade.
Biggest losers included Saudi Cable Company (SE:2110), which lost 2.50% or 0.26 points to trade at 10.12 in late trade. Saudi Company for Hardware (SE:4008) declined 1.42% or 1.81 points to end at 126.00 and Makkah Construction&Development Co (SE:4100) shed 1.13% or 0.84 points to 73.70.
Advancing stocks outnumbered falling ones by 125 to 55 and 8 ended unchanged on the Saudi Arabia Stock Exchange.
In commodities trading, Crude oil for May delivery was down 2.02% or 1.28 to $62.23 a barrel. Meanwhile, Brent oil for delivery in June fell 1.79% or 1.22 to hit $66.90 a barrel, while the June Gold Futures contract rose 0.84% or 11.30 to trade at $1348.60 a troy ounce.
EUR/SAR was up 0.26% to 4.6128, while USD/SAR rose 0.03% to 3.7513.
The US Dollar Index Futures was down 0.17% at 89.70.