Saudi bourse falls for third day

Saudi Arabia's benchmark TASI closes 0.5 percent down at 6,221 points.
Saudi bourse falls for third day
By Reuters
Sat 30 Jan 2010 01:45 PM

Saudi shares ended lower for a third consecutive day, dragged by heavyweights Saudi Basic Industries (SABIC) and Al-Rajhi Bank.

The benchmark TASI closed 0.5 percent down at 6,221 points, with the biggest losses in the banking sector whose index dropped almost 1 percent to 16,098

Rajhi shed 0.7 percent while Samba Financial Group dropped 1.9 percent.

SABIC's shares declined 0.3 percent. (Reuters)

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