• SABIC, Insurers lead TASI to early gains


    Sept 5, 2009
    Saudi Basic Industries Corp  and insurance shares lead the Saudi bourse to early gains after it closed the previous session at a seven-week low.
    The all-share index (.TASI) is up 0.53 percent at 5,647.34 points after closing lower during the seven previous sessions.
    The strongest gains are posted by insurance stocks known for being favoured by day-traders: SABB Takaful  is up 7 percent at 42.9 riyals.
    Shares in SABIC are up 1.45 percent at 69.75 riyals, reports Reuters.

© All Rights Reserved for Asharqia Chamber