Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.02%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.38%

Saudi Arabia's stock market rose 0.38%, with strong gains in several sectors. Key stocks performed differently, and commodity prices showed mixed movements.

Factbox-Global petrochemical firms shape up in oversupply crisis

Petrochemical producers in Europe and Asia face tough conditions; companies are consolidating and shutting down operations to survive amidst falling margins and rising energy costs.