Tadawul index shaves 7,000 resistance level as Sabic hits six-months high
2012-02-23 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: The Saudi Stock Exchange's benchmark index Tasi advanced 0.93% Wednesday to reach 7,031.26 points as oil prices (U. S. crude) consolidated at $105 per barrel. Saudi Basic Industries or Sabic, the petrochemical bellwether, reached a six-month high at around SR100.50 (up 1.26%). Saudi Automotive Services Co. lost the most (off five percent). Eighty-eight shares advanced and 36 fell.  

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