Tadawul closes 007 points above key support/resistance

  • Saudi Arabia: Tuesday, January 22 - 2013 at 20:27

The Saudi Stock Exchange's lead index TASI closed Tuesday trading 0.33% higher at 7,007.61 points. Shares of telecom firm Etihad Etisalat, known as Mobily, gained 2.74% to reach SR75. Earlier today, Mobily invited the shareholders to attend its ordinary general meeting scheduled to take place on Tuesday, dated 19 Feb. 2013. Saudi Real Estate Co. gained the most (up 9.86% at SR32.30). According to German chemistry and adhesion giant Henkel, KSA has a housing gap of 5 million homes.

Article Options

Disclaimer »

The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.

AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.

In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.