Real estate related economic and financial news covering the MENA region.
Saudi market gauge, market breadth back in the red
May 13, 2012
The Riyadh-based equity index could not sustain the tiny rebound it achieved on Saturday. The gaguge ended 0.70% lower at 7,182.95 points. Saudi Printing and Packaging Company surged 4.44% to reach SR30.60. Twenty-two stocks advanced, while 120 securities declined. Islamic insurer Weqaya Takaful posted the largest loss (off 6.29% at SR40.20).