Saturday, June 9, 2007

Saudi Arabia's Tadawul Advances, Paced by Saudi Basic: Persian Gulf Stocks

(Bloomberg) -- Saudi shares rose for a second
consecutive trading session, to their highest in a week, led by
Saudi Basic Industries Corp.

The Tadawul All Share Index rose 89.75 points, or 1.2
percent, to 7452.71 in Riyadh, the highest compared with closing
prices since May 30. The benchmark has dropped 6.1 percent this
year, the sixth-worst performing index among 90 tracked worldwide
by Bloomberg.


Read more at Bloomberg Stocks News

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