• TASI: Petrochem up 30 pct from IPO


    The Saudi bourse closes largely flat, while debuting National Petrochemicals Company  (Petrochem) ends 30.5 percent up from its initial public offering price.The main benchmark .TASI inches up just 0.1 percent to close at 5,777 points.
    Heavyweight Saudi Basic Industries Corp (SABIC) closes up 0.4 percent.

    earlier,  Saudi shares open higher, driven by heavyweight Saudi Basic Industries Corp. .
    SABIC is up 0.7 percent at 70.75 riyals.

© All Rights Reserved for Asharqia Chamber