Wednesday 27 August 2014
 
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Petrochemical stocks

Saudi petchem stocks ‘attractive’

With the long term advantages remaining intact, Saudi Arabian petrochemical stocks look attractive at current valuation levels, said a new report. However, in the near term, concerns on the global economy could lead to weakness in petroche

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Banks drag Saudi shares down

Saudi shares closed slightly lower, dragged down by banking stocks, while petrochemical stocks gained 0.43 per cent after a negative start on Saturday. The all-share closed 0.13 per cent lower to 6882.01 points and the banking sector lost

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Petchems stocks lead Saudi share up

Petrochemical stocks lead Saudi shares to a higher close after Yanbu National Petrochemical Co (Yansab) rising 1.5 percent after it announced it would start full commercial production in March. The all-share index ends 0.7 percent higher -

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