Real estate related economic and financial news covering the MENA region.
Greek surveys, oil price rebound pull Saudi bourse up
May 28, 2012
The Tadawul All-Share Index climbed 0.96% to reach 7,056.68 Monday. According to four surveys conducted in Greece, the vast majority of the voters want to vote for the conservatives and they want that their country stays in the Euro zone. This triggered index gains and and a small rebound in oil prices. In Riyadh, Sabic advanced 0.80% to reach SR94.50. Market breadth improved strongly, as 129 out of 151 symbols traded advanced, while 11 securities declined.