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Saudi shares advance across the board

 
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Kirk
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Joined: 01 Jan 1970
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PostPosted: Mon Feb 27, 2012 7:07 pm    Post subject: Saudi shares advance across the board Reply with quote

The Saudi Tadawul market gained 0.90% Monday, to close at 7,149.74 points. Sabic, the petrochemicals and metals producer, closed even at SR100.50. Saudi Enaya Cooperative Insurance Company was successfully traded for the first time at the Tadawul bourse after its SR400m-IPO. The offer price per share was SR10, according to the firm's website. Enaya opened at SR24.50 and closed the day as a top gainer at SR36.70. Market breadth returned into positive territory as 98 shares advanced and 38 declined.
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