Ticker	Volume	Price	Price Delta
DJIA	15,307.20	-80.41	-0.52%
S&P 500	1,655.35	-13.81	-0.83%
Nasdaq	3,463.30	-38.82	-1.11%

Ticker

Volume

Price

Price Delta

DJIA

15,307.20

-80.41

-0.52%

S&P 500

1,655.35

-13.81

-0.83%

Nasdaq

3,463.30

-38.82

-1.11%

Ticker	Volume	Price	Price Delta
STOXX 50	2,835.01	+13.36	0.47%
FTSE 100	6,840.27	+36.40	0.53%
DAX	8,530.89	+58.69	0.69%

Ticker

Volume

Price

Price Delta

STOXX 50

2,835.01

+13.36

0.47%

FTSE 100

6,840.27

+36.40

0.53%

DAX

8,530.89

+58.69

0.69%

Ticker	Volume	Price	Price Delta
Nikkei	15,663.00	+35.69	0.23%
Hang Seng	22,877.00	-384.09	-1.65%
S&P/ASX 200	5,070.60	-94.77	-1.83%

Ticker

Volume

Price

Price Delta

Nikkei

15,663.00

+35.69

0.23%

Hang Seng

22,877.00

-384.09

-1.65%

S&P/ASX 200

5,070.60

-94.77

-1.83%

Saudi Publicly Traded Firms to Pay Two Month Bonus, SPA Says

By Mourad Haroutunian - 2011-03-19T15:46:18Z

Saudi companies listed on the Tadawul All Share Index (SASEIDX), including Sabic and Al Rajhi Bank (RJHI), will pay their staff two months pay in bonuses in line with a royal decree covering Saudi civil servants, the Saudi Press Agency reported.

Companies include Kingdom Holding Co. (KINGDOM), Samba Financial Group (SAMBA), Saudi Telecom Co. (STC), Saudi Electricity Co. (SECO), Saudi Real Estate Co. (SRECO), Saudi Arabian Mining Co. and Eastern Cement (EACCO) and the Saudi Investment Bank (SIBC), SPA said. They also set a minimum wage of 3,000 riyals ($800) a month for all Saudi employees, it said.

Saudi King Abdullah yesterday ordered new wage bonuses for civil workers as part of a $93 billion financial package, including $67 billion on housing and funds for the military and religious groups that backed the government’s ban on domestic protests.

Some companies will speed up the hiring of Saudi nationals in line with the king’s instructions, the news service added, without naming the companies.

To contact the reporter on this story: Mourad Haroutunian in Riyadh at mharoutunian@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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