Saudi index soars
Saudi Arabia: Sunday, November 30 - 2008 at 12:32
Saudi Arabia's benchmark stock index rose the most in two-and-a-half years yesterday. The Tadawul All Share Index surged 9.5% to 4,845.11 and the S&P 500 gained more than 12%, its best weekly performance since 1974. Saudi Arabian Refinery Company, a Saudi company investing in oil refineries and fuel distribution, gained the most in three weeks and Saudi Arabian Fertiliser Company, surged to the highest level in more than three weeks.
See Also
Also consider reading:
- » Tehran signs Cyprus MoU
- » DFM foreign stock sales continue
- » Tasi downward trend hits 9.35%
- » UAE markets finish higher
- » Acquisition of foreign assets by GCC tops $900bn
- » Iran considers monetary reform
- » ADX dips, DFM slight up
- » Dubai repays $500m loan
- » Shuaa to end Kuwait stock exchange listing
- » DME announces half a million contracts traded
StaffSunday, November 30 - 2008 at 12:32 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Browse related articles






Web Feeds