Saudi Arabian Tadawul bourse advances slightly-continued

February 28, 2012--The Tadawul All Share Index (Tasi) closed 0.30% higher at 7,168.99 points. Shares of Watanyia Insurance Company fell 3.5%.
Earlier in the day Watanyia announced it received Tuesday the approval from the Saudi Monetary Agency (Sama) to market and sell its Group Personal Accident Insurance. Market bellwether Sabic, the global petrochemicals producer, added 0.25% to reach SR100.75. Market breadth turned negative as 38 shares advanced, 106 declined.

Source: AME Info


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