Monday 11 June 2012

STOCKS NEWS MIDEAST-Saudi mkt extends gain; banks support - Yahoo! News Maktoob

Saudi Arabia's index ends higher, extending gains from the previous session, as banking stocks support.
Al Rajhi Bank rises 1 percent and Banque Saudi Fransi adds 1.5 percent.
Heavyweight SABIC advances 0.8 percent, after oil prices rose above $100 on Monday following a rescue package for Spanish banks which calmed fears of an imminent euro zone collapse.
The index ends 0.6 percent higher at 6,791 points.

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