Saudi, Oman index start 2015 on positive note | GulfNews.com:
"The Saudi and Oman indices ended in the positive territory on Thursday even as crude oil declined in New York overnight.
Saudi’s Tadawul index snapped a two-day losing streak in trade led by petrochemicals. The Tadawul All Share Index (Tasi) ended the session 0.91 per cent higher at 8,409.5, after losing close to 6 per cent in the previous two sessions.
“The Saudi index would go down and may test the support level of 8,333, and then it would recover 8,700,” said Osama Al Ashri, member of British organisation, Society of Technical Analysts."
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