Sabic shares surge 2.18%

20 June 2010

The Saudi Stock Exchange ended 1.06% higher at 6,413.10 points, posting the second largest advance in the GCC on Sunday. Market bellwether Saudi Basic Industries Corporation (Sabic) was the most liquid stock, closing at SR94 (up 2.18%). Sabic is also regarded as a regional energy industry indicator. Most insurance firms posted losses, with Al Ahlia declining by 4.17% at SR51.75.

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