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Saudi stocks rebound
- Saudi Arabia: Sunday, July 20 - 2008 at 08:46
The Saudi stock market rebounded on Saturday, as the Tasi jumped by 2.4%, Arab News reported. Shares went up in anticipation of strong corporate results. Saudi Basic Industries reported its Q2 results, with a net profit of SR7.54bn compared with SR6.47bn in the same quarter of 2007. Shares also surged to 1.66%.
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