Monday, 21 May 2012

STOCKS NEWS MIDEAST-Saudi ends above key 7,000 mark - Yahoo! News UK

Saudi Arabia closes above a key psychological level as buyers return to the market in search of bargains after
a euro zone-induced sell-off earlier in the week.
The index rises 0.7 percent to 7,029 points, its biggest one-day gain since April 28.
"It (7,000 level) is a pretty important marker," says Amer Khan, fund manager at Shuaa Asset Management.

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