Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.
At the close in Saudi Arabia, the rose 0.67% to hit a new 52-week high.
The best performers of the session on the were Saudi Advanced Industries Co. (SE:), which rose 10.00% or 3.10 points to trade at 34.10 at the close. Meanwhile, Fitaihi Holding Group (SE:) added 9.98% or 2.02 points to end at 22.26 and Saudi Steel Pipe Company (SE:) was up 9.86% or 2.75 points to 30.65 in late trade.
The worst performers of the session were Al Yamamah Steel Industries Co (SE:), which fell 3.31% or 1.30 points to trade at 38.00 at the close. Etihad Atheeb Telecommunication (SE:) declined 3.05% or 1.150 points to end at 36.600 and Dur Hospitality (SE:) was down 3.04% or 0.95 points to 30.25.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 115 to 77 and 11 ended unchanged.
Shares in Saudi Advanced Industries Co. (SE:) rose to 5-year highs; gaining 10.00% or 3.10 to 34.10. Shares in Fitaihi Holding Group (SE:) rose to 5-year highs; rising 9.98% or 2.02 to 22.26. Shares in Saudi Steel Pipe Company (SE:) rose to 5-year highs; gaining 9.86% or 2.75 to 30.65.
Crude oil for April delivery was up 1.91% or 1.14 to $60.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 1.64% or 1.03 to hit $63.73 a barrel, while the April Gold Futures contract fell 1.47% or 25.50 to trade at $1708.10 a troy ounce.
EUR/SAR was down 0.33% to 4.5191, while USD/SAR rose 0.01% to 3.7509.
The US Dollar Index Futures was up 0.27% at 91.037.
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