As oil price retreated below $76, Riyadh-based Tadawul exchange dipped 0.66% and closed at 6,121.06 points. Petrochemical bellwethers Sabic (down 1.72% at SR85.50) and Yansab (3.76% lower at SR35.80) weighed on the leading GCC market. Insurers also had a bad day, with the exception of Trade Union Cooperative Insurance Co. which topped the charts and surged 8.21% to SR22.40. The share faced its next chart-technical resistance at SR24.90.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.