VOL. XLV
No 27
8-July-2002
SAUDI ARABIA
Positive Return SeenFor Saudi Riyal Mutual Funds
While international stocks and bonds continued to reportnegative returns in the first quarter of this year in line with the globaleconomic slowdown, local stocks and cash funds have shown positive returns,according to Saudi Arabias National Commercial Bank (NCB).The top-performing Saudi Riyal denominated fund was the SABB Saudi Equity Fund1, which registered year-on-year growth of 44.1%, followed by SAMBAs...
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