BUZZ-Saudi Arabia's NCB stabilises after surging on listing

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BUZZ-Saudi Arabia's NCB stabilises after surging on listing

** Saudi Arabia's largest lender, National Commercial Bank , pulls back 2.3 pct to 63.75 riyals ** The stock had surged its daily 10 pct limit for four sessions in a row after listing on **v.12 ** Sold at 45.00 riyals in world's second-biggest IPO this year ** Currently valued at 12.4 times 2013 earnings, below Saudi banks' median of 14.9 ** Saudi index up 0.9 percent (Reporting by Olzhas Auyezov; Editing by David French)

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