The index ended 0.2 percent lower at 6,273 points, extending declines since Sunday's four-month high.
Saudi Basic Industries Corp (SABIC) dipped 1.8 percent, Saudi Arabian Fertilisers fell 1 percent and Saudi Kayan Petrochemical shed 0.3 percent.
Monday, 12 December 2011
Saudi falls for 2nd day as petchems weigh; Oman rises - ArabianBusiness.com
Petrochemical stocks weighed as Saudi Arabia's index ended lower for a second day, although some small-cap stocks rose, with investors targeting domestically driven stocks.
The index ended 0.2 percent lower at 6,273 points, extending declines since Sunday's four-month high.
Saudi Basic Industries Corp (SABIC) dipped 1.8 percent, Saudi Arabian Fertilisers fell 1 percent and Saudi Kayan Petrochemical shed 0.3 percent.
The index ended 0.2 percent lower at 6,273 points, extending declines since Sunday's four-month high.
Saudi Basic Industries Corp (SABIC) dipped 1.8 percent, Saudi Arabian Fertilisers fell 1 percent and Saudi Kayan Petrochemical shed 0.3 percent.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment