Saturday, 22 December 2012

Tadawul market defies negative input, storms 6,900

The Tadawul All-Share Index added 0.20% Saturday, closing at 6,902.53 amid a neutral market breadth. The Riyadh-based market measure rose despite U. S. markets’ declines last Friday on new worries that an agreement over the “fiscal cliff” will not be reached until the end of the year. The gauge’s next resistance levels are at 6,940, 7,000 and 7,150 points. SABIC stood steadfast at SR92.25. Dallah Healthcare Holding Co. whose shares were newly listed last Monday, jumped 3.45% to reach SR67.50. The IMF expects KSA’s real GDP to grow by 4.2% in 2013, after 6% this year. Full Story Tadawul market defies negative input, storms 6,900


Full Story Tadawul market defies negative input, storms 6,900






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