Wednesday, 26 September 2012

STOCKS NEWS MIDEAST-Petchems head losers as Saudi resumes drop - Yahoo! News Maktoob

Saudi Arabia petrochemical stocks head declines on the kingdom's bourse as renewed jitters in Europe weigh.
The main index falls 1 percent to 6,906 points, down for seven sessions in the last eight.
Petrochemicals stocks, seen as a proxy for the global economy, are the main drag but selling pressure is across the board.
Saudi Basic Industries Corp (SABIC) falls 1.4 percent, National Industrialization sheds 1.9 percent and Saudi Kayan Petrochemical drops 1.5 percent.

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