Wednesday 22 December 2010

Saudi edges up to new high; SABIC slips - Stocks - ArabianBusiness.com

Saudi Arabia's index TASI edged up slightly, reaching a new seven-month high in a mixed session for the bluechips.

Saudi Electricity Co climbed 1.1 percent and Samba Financial Group added 0.9 percent, but Banque Saudi Fransi dropped 0.9 percent and Saudi Basic Industries Corp (SABIC) fell 0.5 percent.

The index rose 0.06 percent to 6,610 points, its sixth gain in seven sessions and highest finish since May 12.

No comments:

Post a Comment