BUZZ-Saudi retailer SACO surges on listing

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** Shares in Saudi Company for Tools and Hardware (SACO) jump their daily 10 percent limit to 77.00 riyals ** Company completed 504 million riyal ($134.4 million)initial public offer this month ** Retail portion of offer was covered 620 percent ** Saudi Arabian share offers are usually heavily discounted, prompting stocks to surge afterwards ** Saudi Arabia's stock index edges down 0.2 percent (Reporting by Olzhas Auyezov; Editing by Andrew Torchia)

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