tadawul at 10week high oil above110
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Tadawul at 10-week high, oil above $ 110

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Arab Today, arab today Tadawul at 10-week high, oil above $ 110

Jeddah - Arabstoday

Saudi Arabia’s key stock market index ends at a 10-week high, reversing declines in the last two sessions, as banking and insurance stocks support. The Tadawuk All-Share Index climbed 0.3 percent to 6,961 points, ending at its highest close since May 30. Global stocks hit a three-month high and the euro gained yesterday as investors drew encouragement from signs that Europe is edging toward resolving its debt crisis even as the economic impact in the region worsens. Brent crude for September delivery rose $ 2.73 to $ 112.28 a barrel, climbing above $ 110 a barrel for the first time since mid May. US crude jumped $1.85 to $94.05. From : Arabnews

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