Sunday 11 November 2012

STOCKS NEWS MIDEAST-Saudi index slips further from 6-wk high - Yahoo! News Maktoob

Saudi Arabia's bourse heads for a second straight decline from Wednesday's six-week high as petrochemical stocks weigh on the index.
Shares in National Petrochemical Co drops 4.4 percent after the firm said it shut down its Saudi Polymer
project temporarily due to technical issues.
The firm expects the plant's units to resume operations in about four weeks, and will book impact from the closure in its fourth-quarter financials, according to a bourse statement.

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