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Saudi market rally halted

: Monday, May 05 - 2014 @ 18:47

The GCC bellwether equity index Tadawul All Share closed 0.15 per cent lower at 9,740.83 points, amid neutral market breadth on Monday, May 5. Saudi Basic Industries (SABIC), the world’s biggest producer of petrochemicals (and increasingly of metals), was the most active share in relation to turnover and finished down by 0.63 per cent at SAR118.75. Wataniya Insurance Company surged by 9.38 per cent to hit SAR107.75 as the top gainer. Red Sea Housing dived by 3.27 per cent to SAR61.75.

Gérard Al-Fil

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Monday, May 5- 2014 @ 18:47 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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