Tadawul All Share Index down 0.66%


JEDDAH – Saudi Arabia stocks were lower on Wednesday, as losses in the Building & Construction, Cement and Real Estate Development sectors led shares lower.

At the close, stock benchmark Tadawul All Share Index fell 0.66%.

The best performers of the session on the Tadawul All Share were Fawaz Abdulaziz AlHokair Company, which rose 6.66% or 2.02 points to trade at 32.35 at the close. Meanwhile, Abdullah Al Othaim Markets Company added 5.45% or 6.87 points to end at 133.00 and Mouwasat Medical Services Company was up 5.32% or 8.76 points to 173.40 in late trade.

The worst performers of the session were Anaam International Holding Group, which fell 7.08% or 1.00 points to trade at 13.12 at the close. Al Yamamah Steel Industries Co declined 6.20% or 1.52 points to end at 23.00 and Saudi Kayan Petrochemical Company (was down 4.91% or 0.61 points to 11.82.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 125 to 53 and 6 ended unchanged.

Shares in Abdullah Al Othaim Markets Company) rose to all time highs; rising 5.45% or 6.87 to 133.00.

Crude oil for March delivery was down 0.47% or 0.30 to $63.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.13% or 0.09 to hit $66.77 a barrel, while the April Gold Futures contract fell 0.31% or 4.10 to trade at $1325.40 a troy ounce. — SG