Investing.com – Saudi stocks rose after the close on Wednesday, as gains in the stock sector pushed shares higher.
At the close in Saudi Arabia, the index rose by 0.34%.
The best performers of the session were safety Cooperative Insurance Company (Tadawul:) shares rose by 9.54%, or 1.74 points, and its price reached 19.98 at closing. Meanwhile, National Insurance The shares of the company (TADAWUL:) rose by 6.04%, or 1.48 points, and closed at a price of 26.00, while the shares of the United Cooperative Insurance Group (TADAWUL:) rose 5.65%, or 0.76 points, at a price of 14.22 at the end of the session.
It was the worst performance of the session Nayifat Finance Co (Tadawul:) shares decreased in value by 3.75%, or 0.58 points, and traded at 14.88 levels at closing. Riyadh REIT (Tadawul:) fell by 2.79%, or 0.19 points, at a price of 6.61, while the shares of Al-Babtain Energy and Communications Company (Tadawul:) fell by 2.31%, or 0.90 points, at a price of 38.10.
The number of advancing shares outnumbered declining shares on the Saudi Stock Exchange by 176 shares compared to 116 shares, and 33 shares closed without change.
Crude oil futures for February delivery fell 0.19%, or 0.14, to close at $71.72 per barrel. Elsewhere in commodities trading, Brent crude for March delivery rose 1.16%, or 0.85, to $74.42 per barrel, while February gold futures fell 0.00%, or 0.05, to $2,639.30 per ounce.
EUR/SAR fell 0.16% to 3.91, while USD/SAR fell 0.04% to 3.76.
US dollar index futures rose 0.32% to 108.28.
