Investing.com – Saudi stocks fell after the close on Wednesday, with sector losses leading the decline in stocks.
Saudi Arabia closed 0.18% lower.
The best performer of the session was Al Baha Investment and Development Company SJSC (TADAWUL:), which rose 8.33% (0.04 points) to close at 0.52. Meanwhile, Red Sea Housing Services Company (TADAWUL:) rose 6.32% or 3.60 points to end at 60.60 in late trade, while Saudi Industrial Development Company (TADAWUL:) rose 5.07% or 1.45 points. It ended at 30.05.
The worst performer of the session was MBC Group CJSC (TADAWUL:), down 3.31% (1.80 points) to close at 52.50. bawang (TADAWUL:) fell 3.05% or 1.70 points to end at 54.10 and Savola Group (TADAWUL:) fell 2.97% or 1.10 points to end at 35.90.
Advancing issues outnumbered declining issues on the Saudi Stock Exchange by a ratio of 181 to 114, with 38 issues ending unchanged.
Crude oil for February delivery fell 0.09% (0.06%) to $70.10 per barrel. Elsewhere in commodity trading, Brent crude oil for March delivery rose 1.24% or 0.90 to $73.22 per barrel, while February gold futures contracts were unchanged at 0.00% or $0.00 per barrel. It traded at $2,633.50 per troy ounce.
EUR/SAR was unchanged by 0.00% at 3.90, while USD/SAR fell by 0.17% to 3.75.
Dollar index futures rose 0.18% to 108.00.
