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Saudi investors seen booking recent gains

The Daily Star | Lucien Zeigler | 8.12.12

Saudi Arabia’s investors are likely to book-gains in the last few sessions of Ramadan ahead of a long holiday at the end of the week, while an upbeat global backdrop could provide support to Gulf investor sentiment.

The kingdom’s bourse extended gains on Saturday, edging up 0.5 percent to a fresh 11-week high.

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