MARKET TALK: Saudi Shares -0.05%; Ag, Petchem Stocks Decline

Saudi's Tadawul Index turns into negative territory, falling 0.05% to 6654.29, after early gains in the first trading session of the week. The agriculture and food industries index falls 0.43%, while the petchem index drops 0.29%. Heavyweight Sabic -0.47% at SAR106.75. Banks and financial services index still up, +0.25%. Al Rajhi Bank +0.31% at SAR81.75. The lender said Wednesday fourth-quarter net profit rose 13.5% to SAR1.7 billion. In telecoms, Saudi Telecom falls 0.74%. The operator Wednesday said its fourth-quarter net profit fell 23% to SAR2.29 billion.