Tadawul market defends 7,000 points

  • Saudi Arabia: Saturday, January 26 - 2013 at 16:52

Positive input from the oil market ad the U. S., which saw the Dow Jones Industrial rising to 5-year high Friday, lifted the Saudi equity gauge Tasi by 0.40% to 7,025.31 points. Sabic as the most liquid shares ended up 0.81% to hit SR93.25. Alujain Corp. advanced one percent, finishing at SR14.95. Earlier in the day, Alujain ssid that in line with the "normal industrial practice", its subsidiary National Petrochemical Industrial Co. Propylene & Polypropylene Complex in Yanbu Industrial City will be shut down for a period of approximately 22 days starting Jan. 27 for major maintenance workd, as well as for implementing the production and equipment enhancement.

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