Saudia Arabia's Tadawul market fell during the first two hours of trading. The Tadawul All Share Index (Tasi) then managed an impressive turnaround and ended 0.2% higher at the rare finish of 5,999.91 points. Saudi Real Estate Company gained 5.16% and closed at SR23.45. According to Cityscape Intelligence, organiser of the Cityscape Jeddah exhibition which runs from June 7 - 9, recent A.T. Kearney research has found that a number of GCC developers are well positioned to lead an urgently needed consolidation process in the regional real estate development industry. The report mentions Saudi-based Dar Al Arkan (-0.36% at SR13.65) positively. With oil prices rising near $72 per barrel until the close of trading in Riyadh, petrochemical bellwether Sabic continued to rebound, finishing 0.58% higher at SR86.25.