Saudi shares down 4.84%
15th Nov 2006, 05:49 GMT
Saudi stocks took another beating on Tuesday, with the Tadawul All Share Index losing 4.84% to close down 407.84 points at 8,025.68. Turnover was worth around $2bn, half that on Monday. Analysts said IPOs are draining liquidity from the market. All sectors declined. In the UAE, Dubai's benchmark index fell 1.22% to 378.12 points in thin trade. [AMEInfo.com]
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