Saturday, 26 May 2012

STOCKS NEWS MIDEAST-Saudi shares close down after early gains - Yahoo! News Maktoob

Saudi Arabia's bourse closes down 0.7 percent after making early gains, with falls in both the banking and
petrochemical sectors, the two largest in the exchange.
In early trading the all-share reached 7,080 points from a start of 7,061 points, but it finishes at 7,014 points.
Banking and finance shares drop 1.2 percent, with Al Rajhi Bank, the largest listed, falling 1 percent.
Petrochemical shares fall 0.7 percent, with bellwether Saudi Basic Industries Corp (SABIC) closing down 0.5
percent.

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