Monday 6 August 2012

STOCKS NEWS MIDEAST-Saudi index flat on profit-taking - Yahoo! News Maktoob

Saudi Arabia's benchmark ends near flat as profit-taking continues and the index struggles to break a critical resistance level after recent gains.
The index closes down by 0.02 percent at 6,944 points, short of a key resistance level of 6,950 points. The benchmark ends lower for its second consecutive session after Saturday's two-month high.
Market heavyweights were mixed with Saudi Basic Industries ending 0.3 percent higher but Al Rajhi Bank
and Saudi Electricity Co ending flat.

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