Saudi Stock Exchange closes at 4-month high
- Saudi Arabia: Wednesday, January 09 - 2013 at 17:29
The Saudi Arabian equity index Tasi gained the third day straight Wednesday, closing 1.04% higher at 7,126.71 points. The gauge rose amid a general bullish sentiment at global markets after U. S. aluminum giant Alcoa started the earnings season with better than expected results. Market bellwether SABIC hit likewise a 4-month high, ending 2.16% higher at SR94.75. Insurers performed overall weaker. Amana Cooperative Insurance Co. dived limit down to SR99.50.
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Gérard Al-Fil, Financial Journalist



