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Saudi Stock Exchange rebounds, ends bullish trading week
- Saudi Arabia: Wednesday, December 05 - 2012 at 17:41
The Tadawull All-Share Index closed Wednesday trading 0.20% higher at 6,729.19, despite a negative advance-decline ratio of 62 to 71. The gauge improved its year to date gain to 4.85%. SABIC, the world's number one in petrochemical production, surged 0.85% to hit SR89.50. Atheeb Telecom fell 1.43% to SR13.80 after the share gained over 30% since the beginning of December. Atheeb and Etihad Etisalat, known as Mobily, agreed on Dec. 2 on a network cooperation. The Saudi Tadawul market will remain closed Thursday and resumes trading Saturday, Dec. 8.
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Gérard Al-Fil, Financial JournalistWednesday, December 05 - 2012 at 17:41 UAE local time (GMT+4)
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