Oil price rebound helps Tadawul bourse to stay on the rising track
2012-03-11 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: The Saudi Stock Exchange added 1.44% to reach 7,481.27 points Saturday. Slightly better-than expected jon figures the U. S. reported last Thursday and a rebound in oil price to $108 per barrel form the last week's $105 (U. S. crude) helped the sentiment. Market bellwether Sabic advanced three percent, closing at a nine-month high at $104.75. Construction and maintenance specialist Abdullah A. M. Al-Khodari Sons Company closed 0.90% higher at SR54.25. Earlier in the day the firm announced the completion of the signing of the contract with the Ministry of Water and Electricity for the construction of a sewage networks in Afif City (Phase 2). The contract is valued at SR 34.9m. 129 shares advanced and 15 declined.  

View full article...
Latest News

Crown Prince Meets US Secretary of State

Minister of Interior Patronizes Graduation Ceremony of King Fahd Security College

Job One for Saudis' New Energy Chief: Picking Up the Pieces

Its Lifeblood Attacked, What Are Saudi Arabia's Options Now?

Makkah Region Governor Washes the Holy Kaaba

Prince Abdullah bin Musa'id Wins Sheffield United Ownership Battle

Crown Prince Patronizes the Closing Ceremony of the Second Camel Festival

MBS Tells Trump Saudi 'Willing and Able' to Respond to Attacks

Role Model: Princess Lamiya bint Majid

Prince Abd al-Aziz bin Salman: Oil Hawk With Soft Diplomacy Touch

Saudi Princess Sentenced for Plumber Kidnapping in Paris

Saudi Arabia's MBS Hosts Delegation of U.S. Evangelical Leaders on Eve of 9/11 Anniversary

Princess Lamiya bint Majid Unveils Islamic Art at The Louvre in Paris

Governor of Riyadh Region Performs Funeral Prayer For Prince Faysal bin Fahd

What Saudi Arabia's Energy Shake-Up Says About Its Oil Plans

Death of Prince Faysal bin Fahd bin Mishari

Saudi Arabia's King Has Replaced the Country's Energy Minister With One of His Own Sons

Royal Order Appoints Prince Sultan bin Ahmad Ambassador to Bahrain

Prince Abd al-Aziz bin Salman Named Energy Minister

Saudi Prince Must Pay Trump Organization $1.8 Million in Rent