Saudi Arabia equities were higher at the close on Wednesday, as gains in the Media & Advertising, Insurance and Transportation and Transport sectors propelled shares higher.
At the close in Riyadh, the Saudi General Index was up 0.45%.
Among today’s blue-chip stocks in the Saudi General Index was Kingdom Holding Group (TADAWUL:4280), up 10.00% or 0.77 points to close at 8.47. Yesterday, Middle East Healthcare (TADAWUL:4009) continued to rise at 9.97% or 6.40 points to close at 70.60, while Chubb Arabic Cooperative Insurance (TADAWUL:8240) gained 9.93% or 2.95 points to 32.65 at the close of the session.
As for the weaker performance at the close of trading today, Maather REIT (TADAWUL:4334) closed down 3.51% or 0.32 points and traded at 8.79 at the close. Saudi National Shipping Company (TADAWUL:4030) fell 1.51% or 0.45 points to 29.30, while Rabigh Refining & Petrochemical Company (TADAWUL:2380) closed down 1.50% or 0.12 points at 7.88.
The number of stocks that rose exceeded the number of shares that closed lower in trading on the Saudi stock market with 220 versus 75, while 18 remained unchanged.
WTI crude oil futures for September delivery rose 0.37%, or 0.29, to close at $78.64 a barrel. As for other commodities trading, Brent oil contracts for October delivery rose 0.38% or 0.31 to reach a price of $81.00 per barrel, while the December contract for gold contracts rose by 0.08% or 2.05 points, and closed at $2,509.85 an ounce.
The EUR/SAR pair added 0.17% and traded at 4.14, while the USD/SAR pair remained unchanged around 0.01% to 3.75.
The dollar index contracts traded down 0.02% at 102.36.
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