Sunday 25 November 2012

STOCKS NEWS MIDEAST-Saudi slumps to 10-mth low on Egypt worries - Yahoo! News Maktoob

Saudi Arabia's bourse slumps to a 10-month closing low as political turmoil in Egypt spooks investors. Saudi's heavyweight sectors - petrochemicals and banking - are the main drag.
Saudi Basic Industries Corp (SABIC), the world's largest chemicals producer falls 2.3 percent. Al Rajhi Bank
drops 1.2 percent and Samba Financial Group sheds 2.2 percent.
The kingdom's index drops 2.1 percent to 6,524 points, its lowest close since Jan. 25.

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