Wednesday, Aug 15, 2012

1234 GMT [Zawya Dow Jones]--Saudi's Tadawul market closes +0.5% at 7003.79, volumes relatively narrow as investors wind down their positions before the Eid holidays next week. Expect the market to rise for about a week post Eid, and then "we will see some slowness", says a trader at Riyad Capital. Traders expect activity to pick up in September as investors reassess their portfolios with an eye on 3Q earnings. (iman.dawoud@dowjones.com; Twitter: @ZDJnews)

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15-08-12 1239GMT