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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.
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StaffSunday, November 30 - 2008 at 12:32 UAE local time (GMT+4)
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