SABIC, Dar Al-Arkan lift Tadawul market
The Riyadh-based Tadawul All Share index closed 0.43 per cent higher at 9,787.03 points, on Thursday, May 8. Media reports that the GCC region’s first exchange in relation to market capitalisation is examining to go public lifted the gauge. Saudi Basic Industries (SABIC), the exchange’s bellwether, added 0.71 per cent to reach SAR119. Dar Al-Arkan Real Estate Development Company surged by 1.90 per cent to hit SAR13.50. Seventy four shares advanced, while 50 declined in value in Riyadh.