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Saudi shares fall
- Saudi Arabia: Sunday, February 22 - 2009 at 09:47
Led by Saudi Basic Industries Corp.(Sabic), Saudi Arabian shares fell after stock markets around the world slumped. Sabic, dropped 4.1% to a low of 44 riyals. The Tadawul All Share Index retreated 2.1% to 4,675.66 in Riyadh. The measure has lost 2.7% this year after losing more than half its value in 2008 as oil prices dropped. Etihad Etisalat dropped 1.4% to 34.4 riyals.
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StaffSunday, February 22 - 2009 at 09:47 UAE local time (GMT+4)
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