Saturday 1 September 2012

STOCKS NEWS MIDEAST-Saudi stocks rise in early trade - Yahoo! News Maktoob

Saudi shares rise in early trade, led by gains in the petrochemical sector after an oil price rise on Friday.
Oil rose above $114 a barrel in volatile trading on Friday, taking gains in August above 9 percent.
The all-share adds 0.4 percent to reach 7,165 points and the petrochemical sector adds 0.7 percent to hit
6,216 points.
Petrochemical giant Saudi Basic Industries (SABIC) gains 0.8 percent in early trading.

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