Meanings of saudi bourse in English

Petrochemical shares limited gains on the Saudi bourse as firms continued to post weaker-than-expected earnings.

The Saudi bourse opens at 0800 GMT.

Jabal Omar shares rose 1.5 percent at 0815 GMT on the Saudi bourse.

Its shares were down 2 percent on the Saudi bourse at 0845 GMT.

The Saudi bourse's price-to-earnings ratio is about 12 when outliers Kingdom Holding and Saudi Electricity are excluded, Tuffaha said.

Its shares were trading down 3.5 percent on the Saudi bourse at 1000 GMT.

Kingdom Holding shares were up 2.55 percent on the Saudi bourse at 1255 GMT.

Under Saudi bourse rules companies must cut their capital when accumulated losses reach a certain percentage of their share capital.

Second-quarter net profit was 650 million riyals, the company said in its statement, posted on the website of the Saudi bourse.

The Saudi bourse closed down 1.1% with banking and petrochemical shares taking the biggest hit.

The Saudi bourse has welcomed a slew of companies this year including healthcare firm Suleiman Al Habib and real estate financing firm Amlak International.

The Saudi bourse closed down 1.1% on Sunday, with banking and petrochemical shares taking the biggest hit.

Zain Saudi 's shares ended 6.1 percent higher on the Saudi bourse, taking their gains to 13.8 percent since Nov. 28's all-time low.

The Saudi bourse has a total market capitalization of around $535 billion, with a free float of about 40 percent.

The Saudi bourse's main index has fallen in eight of nine sessions this month, leaving it down 2.5% year to date.

The benchmark of the Saudi bourse, the largest market in the Arab world, climbed 0.2 percent to its highest close since September 14, 2008.