Our Network

Register for our free newsletter

 
 
Latest News

Saudi bourse hits 17-month high

Saudi‘s Tadawul index closed 0.4 percent higher on Saturday, just under 6,700 points, its highest since October 6, 2008.

0

March 20, 2010 10:46 by



Saudi’s Tadawul all-share index closed 0.4 percent higher on Saturday, just under 6,700 points, a new 17-month high, reported Reuters. The increase was led by the banking index, which closed 0.8 percent higher after the Samba Financial Group gained 2 percent and SABB rose 1.5 percent.

Saudi Basic Industries Corp (Sabic) also increased by 0.8 percent. This is the bourse’s highest close since October 6, 2008, said the report.



0

Tags: , , , , ,

Leave a Comment