The benchmark closed 0.6 percent higher at 6,137 points, trimming 2011 losses to 7.3 percent.
"There is volatility and an uncertainty trend for the market ahead of the Q3 results," said Tarek Al Madi, an independent Riyadh-based financial analyst.
Monday 10 October 2011
Saudi index up as insurance stocks rally; Dubai drops - GCC - ArabianBusiness.com
Saudi Arabia's insurance stocks rallied and the index rose for a fourth consecutive session as upbeat sentiment in world stocks lended support.
The benchmark closed 0.6 percent higher at 6,137 points, trimming 2011 losses to 7.3 percent.
"There is volatility and an uncertainty trend for the market ahead of the Q3 results," said Tarek Al Madi, an independent Riyadh-based financial analyst.
The benchmark closed 0.6 percent higher at 6,137 points, trimming 2011 losses to 7.3 percent.
"There is volatility and an uncertainty trend for the market ahead of the Q3 results," said Tarek Al Madi, an independent Riyadh-based financial analyst.
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