Tadawul market retreats amid regional selling mood

  • Saudi Arabia: Sunday, February 03 - 2013 at 17:23

A three-day gaining streak was halted Sunday in Riyadh as the TASI closed 0.34% lower at 7,033.3. Sabic lost 0.27% to SR93.75. Shares of Abdullah A. M. Al-Khodari Sons Company jumped 3.66% to reach SR25.50. Earlier in the day, the company said the Ministry of Housing on awarded it for the construction of infrastructure works in Buraidah, Al Rass, Al Shammassia, Al Badaye, Al Shnan and Hail, valued at SAR 779.081m. "A further announcement will be made upon contract signing including the expected start of the financial impact," said the firm

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