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Saudi market index, market breadth decline
- Saudi Arabia: Monday, October 22 - 2012 at 07:46
The Tadawul All-Share Index closed Sunday trading 0.43% lower at 6,780. Petrochemicals producer Sabic fell back below SR90 (off 0.30%). All sector indexes with the exception of real estate development declined in value. ACE Arabia Co-operative Insurance Co. gained the most (up 10%). Other insurers weighed on the market measure. Weqaya Takaful insurance and reinsurance company slipped 1.50%. The Islamic insurer said earlier in the day that it returned into profit in Q3, amounting to SR2.8m compared to a loss of SR6.35m in the same quarter last year.
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Gérard Al-Fil, Financial JournalistMonday, October 22 - 2012 at 07:46 UAE local time (GMT+4)
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