Saturday 10 November 2012

STOCKS NEWS MIDEAST-Saudi stocks end lower, limit losses - Yahoo! News Maktoob

Saudi shares close lower, paring losses from the early trade on Saturday.
The all-share closes 0.33 percent down at 6919.06 points.
The petrochemical index drops 0.73 percent at 5874.42 points, dragged lower by heavyweight Saudi Basic Industries Corp (SABIC) which slides 0.82 percent.
The banking index closes 0.45 percent at 15272.18 points.
Crude oil futures advanced on Friday, boosted by a rise in U.S. consumer sentiment to a five-year high and upbeat readings on the Chinese economy, while gasoline futures surged even more on speculation over delivery problems and tight supplies in storm-hit New York Harbor.

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