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Sabic shares surge 3.50%
- Saudi Arabia: Tuesday, September 08 - 2009 at 17:33
The Riyadh-based Tasi closed 1.11% higher at 5,754.86 points. Shares of market bellwether Sabic gained 3.50% (closing at SR74.00) along with oil prices (trading at 70.40 at the close of the Tasi). National Petrochemical Co. joined the bullish bandwagon, adding 1.05% (ending at SR14.05). While 99 shares gained, 18, mostly insurance operators, declined.
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Gérard Al-Fil, Financial Journalist
