VOL. XLV
No 32
12-August-2002
SAUDI ARABIA
Saudi Share Index Rises 13.7% In First Half2002
The share index of the Saudi stockmarket grew 13.7% during the first half of 2002 despite falling 4.4% in June,and market capitalization increased by 11.8% from SR274.5bn ($73.2bn) toSR307.0bn ($81.9%) over the six month period according to a recent reportpublished by the Economics Department of Saudi Arabias National CommercialBank (NCB). The report attributed the strong gain to low interest rates,...
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