Wednesday 29 February 2012

MIDEAST STOCKS-Saudi at new 41-mth high, turnover spikes; most Gulf up | Reuters

Saudi Arabia's bourse ended at a new 41-month high on Tuesday after a session of volatile trading which saw the largest turnover in more than four years, as most other regional markets also extended gains.

The kingdom's index rose 0.3 percent to 7,169 points, its highest close since September 2008.

Stocks worth 16.1 billion riyals ($4.29 billion) were traded, the highest in a session since January 2008.

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