1348 GMT [Zawya Dow Jones]--Saudi Arabia's Tadawul index closes down 0.6% at 5708.67, led by a slide in the petrochemical sector. The market sees about 244.2 million shares changing hands during the day worth about SAR5.9 billion. "We should start seeing a recovery in the market soon. Aside from the fluctuation in oil prices internationally, there is nothing to keep the market down," says a Riyadh-based trader. Shares of Saudi Basic Industries Corp. close down 0.7% at SAR68. (MYH)
Copyright (c) 2009 Dow Jones & Co.
(END) Dow Jones Newswires
June 22, 2009 08:51 ET (12:51 GMT)
DJ Codes: country:[R/ARA,R/ML,R/SA] subject:[N/ZDJ,N/ALMT,N/ANL,N/CNW,N/DJMT,N/DJWI,N/MKC,N/PRD,N/STK] industry:[I/CHC,I/CHM,I/XDJGI] market:[M/BSC,M/NND] company:[2010.SA,SA0007879121]
