Saudi Arabia stocks lower at close of trade; Tadawul all share down 1.30pc.

Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Telecoms and IT, Hotels and Tourism and Real Estate Development sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share fell 1.30 percent. The best performers of the session on the Tadawul All Share were Al Saif Stores for Development and Investment Company SJSC, which rose 3.19 percent or 2.80 points to trade at 90.70 at the close. Meanwhile, Retal Urban Development Company SJSC added 2.95 percent or 0.36 points to end at 12.58 and Naqi Water Co was up 2.55 percent or 2.20 points to 88.60 in late trade. Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 210 to 46 and 14...