Saturday, May 5, 2007

Saudi Arabian Shares Decline, Led by Sabic; Kuwait Advances: Arab Stocks

(Bloomberg) -- Saudi Arabia's benchmark stock index declined for a second consecutive trading session, led by Saudi Basic Industries Corp. and Samba Financial Group. Shares in Kuwait rose.

Saudi Arabia's Tadawul All Share Index fell 73.11, or 1 percent, to 7460 at 12:47 p.m. in Riyadh. The measure has declined 5.1 percent this year.


Read more at Bloomberg Stocks News

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