Saudi bourse flat as shares close mixed

September 1, 2014 6:25 pm

The Tadawul All-Share Index added 0.04 per cent to hit 11,116.75 points on Monday, September 1. WAFA Insurance surged 9.97 per cent to reach SAR37.50. AXA Cooperative Insurance dived 4.73 per cent to SAR49.30.

Market bellwether share SABIC, the world’s first producer of petrochemicals,  dipped 0.25 per cent to SAR132.75.

Abdullah A. M. Al-Khodari Sons Company gained 1.50 per cent to SAR68.50. Earlier in the day, the Al-Khobar based construction firm said it signed an agreement with Abbdullah Fouad Holding Company (Auction Division) to conduct an auction of its surplus equipment to be held during October 28 – 30 2014 at Al Khodari yard in Dammam.

Gerard Al-Fil