MARKET TALK: Saudi Stks End +0.8%; Mkt Continues To Eye Intl Leads

Monday, Jun 18, 2012

1254 GMT [Zawya Dow Jones]-- Saudi's main Tadawul share index closes +0.8% at 6807.51, after election results from Greece eased investor concerns about the country's possible exit from the euro zone. The performance of the Saudi market today can be viewed as a "technical rebound", Natheer Al Mahdi, head of local mutual funds at Riyadh Bank, says. "We cannot predict anything, the market will continue to be closely linked to events in Europe." All Tadawul indices closed in the black with banks and petchem stocks supporting the gains. (iman.dawoud@dowjones.com; Twitter: @ZDJnews)

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(END) Dow Jones Newswires

18-06-12 1304GMT