Saudi shares end lit­tle changed as banks drop

The Pak Banker - - Front Page -

RIYADH: Saudi Ara­bian shares were lit­tle changed on the first day of the week as in­ter­na­tional mar­kets started ex­tended hol­i­days and in­vestors pre­pare for the re­lease of fourth-quar­ter re­sults. The Tadawul All Share In­dex (Tasi) swung be­tween gains and losses dur­ing the day's trad­ing, end­ing down less than 0.1 per cent at close in Riyadh to 6,609.14, the low­est since De­cem­ber 21. Banks, led by Samba Fi­nan­cial Group, Saudi Ara­bia's sec­ond-largest lender by mar­ket value, drove de­clin­ing stocks. -PB News

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