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Saudi shares heading slightly south
- Saudi Arabia: Tuesday, August 04 - 2009 at 18:10
The Riyadh-based Tadawul market lost 0.67%, closing at 5,779.33 points on low trading volumes. Sabic shares are still fighting with the SR70 level, ending today 2.79% lower at SR69.75. All Tadawul segments retreated with the exception of the transport index. Newly listed Saudi Steel Pipe (SSP) jumped 40% on its debut today and closed eventually at SR33.50. SSP shares were issued at SR25.
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Gérard Al-Fil, Financial JournalistTuesday, August 04 - 2009 at 18:10 UAE local time (GMT+4)
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This article was updated on Wed Aug 05 2009.
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