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Saudi Stock Exchange knows no halt
- Saudi Arabia: 18 hours, 43 minutes ago
The Tadawul All-Share Index fell to a 2-week low, ending down 0.27% at 7,139.3 points amid a bearish market breadth. Saudi Hotels & Resort Areas Co. finished off 1% at SR29.80. The hospitality firm announced that it has completed Tuesday the purchase of land which located in Riyadh (Tuwaiq) with total area of 5345 square meters at cost of SR6.738m which is internally financed. The company is planning to construct staff housing building for its staff in Riyadh. Only 26 shares advance din Riyadh, while a whopping 122 declined in value. Market bellwether Sabic added 0.27% to reach SR91.25.
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Gérard Al-Fil, Financial JournalistTuesday, May 14 - 2013 at 18:38 UAE local time (GMT+4)
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