Saudi telecom shares drag Tadawul market higher
2012-03-25 - | Saudi Arabia | Latest News - Saudi Arabia: The Saudi Tadawul market soared 1.08% to reach 7,758.66 points Sunday. Atheeb Telecom jumped 9.93% to reach SR14.95. Mobile Telecommunications Company or Zain KSA was the most liquid share (up 0.91% at SR11.10). Saudi Integrated Telecom Company, on the other hand, dived 9.97%. Year-to-date the Saudi Tadawul market gained 20.89%. With this performance, the Saudi Tadawul market is hard on the heels of the Dubai Financial Market, the best performing Arba bourse in 2012 as yet, which soared 23.33% since January 1.  

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