13-05-11, 03:14 PM
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Saudi stock exchange advances slightly
The Riyadh-based Tadawul All Share Index (TASI) finished 0.21% higher at 6,519.76. Arabian Pipes Company was the top gainer, closing 9.96% higher at SR29.80. Saudi Arabia is the largest oil exporting country in the world. Citibank-analyst David Lubin comments in his latest oil study on Saudi Arabia: "Pressure on oil exporting countries to spend seems to have increased recently as a result of the political pressures created by the 'Arab Spring'. The most visible effort to increase spending in the face of political pressure has been Saudi Arabia's, where the authorities have committed to two successive fiscal packages, of $37bn and $80bn respectively: the two add up to some 25% GDP. In addition, higher levels of oil production in Saudi Arabia, to offset that lost from Libya, should boost Saudi GDP growth this year." Oil prices continued to trade above $115 per barrel. Market bellwether SABIC dipped by a quarter percent on profit bookings, closing at SR103.25.
Source: Ame Info
التوقيع
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تتقدم إدارة المنتدى بالشكر الجزيل
للمراقب والأديب/ حسن خليل ، على
جهوده الكبيرة في الرقي بالأقسام الأدبية
من خلال النقد ووضع المسابقات والحوافز
لجعل أقسامة متميزة كما هو ، سيما في
نجاح مسابقة " المقالة الأدبية " .
8/1/2012م
الأدارة .
يَا أَيُّهَا النَّاسُ إِنَّا خَلَقْنَاكُم مِّن ذَكَرٍ وَأُنثَى وَجَعَلْنَاكُمْ شُعُوبًا وَقَبَائِلَ لِتَعَارَفُوا إِنَّ أَكْرَمَكُمْ عِندَ اللَّهِ أَتْقَاكُمْ إِنَّ اللَّهَ عَلِيمٌ خَبِيرٌ
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