Saudi Arabian Coop Insurance bucks downtrend
The Riyadh-based Tadawul All-Share Index fell by 0.34 per cent to 9,871.68 points on Wednesday, June 11. Saudi Arabian Cooperative Insurance Company or SAICO advanced by 8.08 per cent to close at SAR51.75. The share nearly completed its v-reversal after a steep fall that happened end of May, beginning of June. Market bellwether SABIC lost 0.50 per cent to SAR116.75.