Tuesday 27 September 2011

Banks lift Qatar, Abu Dhabi up from 7-month low - Stocks - ArabianBusiness.com

Saudi Arabia's bourse rose for a second day, with large-caps supporting as sharp gains in world markets boost local investor sentiment.

The kingdom's main index climbed 0.4 percent to 6,128 points, trimming its 2011 losses to 7.4 percent.

Petrochemical stocks led by turnover, with the sector index climbing 0.6 percent. Bellwether Saudi Basic Industries Corp (SABIC) has the second-highest volumes and rose 0.5 percent.
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