Tuesday 13 December 2011

Most Gulf markets trade lower as global drop weighs - Stocks - ArabianBusiness.com

Saudi Arabia's shares fell for a third day straight as pressure in world stocks weighed on sentiment.

The index declined 0.4 percent to 6,247 points, down from Saturday's four-month high.

Large-caps fell with Saudi Basic Industries Corp (SABIC) down 1.1 percent, Al Rajhi Bank slipping 0.7 percent and Samba Financial Group declining 1.7 percent.

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