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Tadawul bourse recovers as oil prices bounce back
- Saudi Arabia: Tuesday, September 25 - 2012 at 18:45
The Tadawul All-Share Index (Tasi) advanced a quarter percentage point Tuesday, closing at 6,977.67 points. Oil prices (DME Oman Crude) added $0.40 to reach $108.55. Bellwether Sabic gained 0.83% to reach SR90.75, ending a 6-day losing streak. Shares of Saudi Industrial Development Co. closed unchanged. Earlier in the day, the firm announced to hold its 21st AGM on October 9 in Jeddah for the second time this year as the first session gathering was not concluded due to a lack of quorum.
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Gérard Al-Fil, Financial JournalistTuesday, September 25 - 2012 at 18:45 UAE local time (GMT+4)
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