Saturday 6 October 2012

STOCKS NEWS MIDEAST-Saudi stocks end flat on Saturday - Yahoo! News Maktoob

Saudi shares close flat on Saturday as gains in banking stocks are offset by losses in the petrochemical index.
The all-share closes flat at 6,888 points. The banking index ends 0.1 percent higher at 15,153 points and the petrochemical index ends 0.2 percent at 5,972 points.
Shares in billionaire Prince Alwaleed bin Talal's Kingdom Holding ended 0.7 percent lower, reversing earlier
gains, after it announced that it sold its interest in the Fairmont Hotel and Raffles Suites & Residences in Manila for $58.1 million.

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