Saudi Arabian Tadawul market drops by 1.84%
2012-04-09 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: The Tadawul All Share Index (Tasi) ended 1.84% lower at 7,717.72 points Sunday, amid ongoing negative sentiment triggered by weak U. S. payroll figures from last Friday. Market bellwether Sabic dived like the market index 1.85% to close at SR106. Saudi Arabian Cooperative Insurance Company or SAICO gained the most, closing 9.90% higher at SR48.90. The market in Riyadh also struggles with domestic issues. According to the DIFC Economic Weekly, the SABB HSBC Saudi Arabia Purchasing Managers Index fell to a three-month low of 58.73 in Mar (Feb: 59.62), with new orders at 66.8 the slowest since Decemeber.  

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