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Monday, 23 November 2009 11:33 UAE time

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Al-Rajhi Bank leads Saudi index up

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Saturday, 17 October 2009
STOCKS NEWS: Saudi Arabia's benchmark rose 0.2 percent in early trading. (Getty Images)
STOCKS NEWS: Saudi Arabia's benchmark rose 0.2 percent in early trading. (Getty Images)

Saudi's benchmark closed 0.26 percent lower at 6,433 points, led by heavyweights Saudi Basic Industries (SABIC) and al-Rajhi Bank.

Al-Rajhi Bank reversed earlier gains as it closes 0.95 percent down at 78 riyals. The bank's shares rose in early trading after it announced a 2.2 percent rise in profit this morning.

SABIC dropped by 1.86 percent to 79.25 riyals. (Reuters)

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