Tadawul market dives 2.34% as Sabic falls to eight-week low
2012-04-15 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: The Saudi Stock Exchange closed at 7,348.33 points Monday, off 2.34%. With today's trading action, the Riyadh-based gauge touched the lower Bollinger Bands. Bellwether share Sabic plummeted 3.87% to reach SR99.25, the old level from February 21 this year. Saudi Chemical Company bucked the trend, closing 2.23% higher at SR41.30. Earlier in the day, Saudi Chemical said it earned SR87.8m or 2% more year-on-year. Fourteen shares advanced, while 130 declined. Some 534m shares were traded, values at SR12bn.  

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