Saturday 5 May 2012

STOCK NEWS MIDEAST-Saudi down after fall in oil prices, global stocks - Yahoo! News UK

Saudi Arabia's bourse falls in early trading after a drop in oil prices and global stocks, weighed by petrochemical and banking shares.
The index of the largest Arab stock market is down 1.6 percent, as the petrochemical sector benchmark drops  2 percent and the banking index loses 1.5 percent.
Heavyweights Saudi Basic Industries Corp (SABIC) and Al Rajhi Bank are down 1.9 percent and 1.3 percent
respectively.

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