Wednesday, Aug 08, 2012
1258 GMT [Zawya Dow Jones]--Saudi's Tadawul market ends -0.1% at 6953.59; giving up early-session gains as petchem stocks weigh. "Initially we thought the market was dropping because of oil but there hasn't been much trending in the last few days so I don't think that's happening, and I don't think its tracking global equities either," says Tariq Al Alaiwat, an equity analyst at NCB Capital. Reckons that "it's just the market mood as Ramadan draws to a close investors are wanting to shut their eyes ahead of the Eid holiday." (email@example.com; Twitter: @ZDJnews)
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires