Article: Investors keep eye on corporate results.

Byline: Khalil Hanware

JEDDAH/AMMAN: Saudi shares were volatile last week as the financial sector was negatively affected by hardships facing certain Saudi family businesses, mainly Saad Group and Ahmad Hamad Al-Gosaibi & Brothers Co. (AHAB).

The Tadawul All-Share Index (TASI) shed 0.2 percent last week, closing at 5,599.38 points. TASI is currently 16.6 percent higher than the year's start, according to the Riyadh-based Bakheet Investment Group's (BIG) weekly report.

The report expected the Saudi exchange to respond to the quarterly results of listed firms, particularly banks and the Saudi Arabian Basic Industries Corp. (SABIC). SABIC shares ...

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