Saudi index dips lower
- Saudi Arabia: Wednesday, October 21 - 2009 at 16:58
The Tadawul All Share Index (Tasi) fell 0.57% as 88 stocks declined compared to 34 that finished higher. Kingdom Holding declined 2.9% to 5.05 riyals after the company reported that net income in the third-quarter dropped 54%. Saudi Cable plunged 9.86% to 31.1 riyals, after reporting that profit fell to 20.1 million riyals from 92.3 million riyals in the year-earlier period.
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