Saturday 28 July 2012

STOCKS NEWS MIDEAST-Saudi stocks close higher on petchem gains - Yahoo! News Maktoob

Saudi shares close higher on Saturday, lifted by gains in the petrochemical sector after oil prices rose on Friday.
The all-share adds 1.5 percent to 6,768 points and the petrochemical inded adds 3 percent to 5,905 points.
Heavyweight Saudi Basic Industries (SABIC) gains 4 percent.
The banking index also closes higher, gaining 0.8 percent to 15,449 points.

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