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-   -   MIDEAST STOCKS-Saudi slides on weak petrochemicals (https://hameed.nwar.uk/vb/showthread.php?t=1488683)

rss 07-01-2015 06:24 AM

MIDEAST STOCKS-Saudi slides on weak petrochemicals
 
DUBAI, June 30 (Reuters) - Saudi Arabia's stock market continued falling in early trade on Tuesday, led by petrochemicals, which sagged as the Greek debt crisis weighed on oil prices. The main Saudi stock index slid 1.3 percent, heading for its third straight daily fall, as the biggest petrochemical producer, Saudi Basic Industries, dropped 1.4 percent. Miner Ma'aden, a**ther blue chip which has been hit hard in the market's retreat, fell 1.5 percent. But Saudi Ground Services, which listed last Thursday after an initial public offer at a price of 50 riyals per share, climbed 7.5 percent to ...

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