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Tadawul market gains 1.09%
- Saudi Arabia: Saturday, July 11 - 2009 at 17:54
The Saudi Tadawul All-Share Index (Tasi) started friendly into the new week, closing 1.09% higher at 5,472.29 pints. The index was lifted by increasing buying orders during the last hour of trading. Food company SAVOLA Group posted the largest gain (up 8.28% at SR24.20), followed by petrochemical giant Sabic (closing 4.46% higher at SR58.50). 36 mostly industry and real estate stocks declined, while 78 securities advanced. Banks ended mixed since the market waits for major Saudi banks to report their Q2 results in the coming weeks.
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Gérard Al-Fil, Financial JournalistSaturday, July 11 - 2009 at 17:54 UAE local time (GMT+4)
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