Saturday 22 December 2012

UPDATE 1-STOCKS NEWS MIDEAST-Saudi shares close up - Yahoo! News Maktoob

Saudi shares close slightly up, recouping losses sustained during early trading to gain 0.20 percent by the end of the session, led by banking stocks.
Saudi share prices are often influenced by activity on Wall Street and in global oil markets, both of which suffered minor losses on Friday.
The banking index gained 0.17 percent, led by a 0.38 percent rise for heavyweight Al Rajhi Bank, Saudi Arabia's largest listed lender. However, the important petrochemical index lost 0.35 percent.

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