Ticker	Volume	Price	Price Delta
DJIA	15,112.20	-206.04	-1.35%
S&P 500	1,628.93	-22.88	-1.39%
Nasdaq	3,443.20	-38.98	-1.12%

Ticker

Volume

Price

Price Delta

DJIA

15,112.20

-206.04

-1.35%

S&P 500

1,628.93

-22.88

-1.39%

Nasdaq

3,443.20

-38.98

-1.12%

Ticker	Volume	Price	Price Delta
STOXX 50	2,683.98	-16.95	-0.63%
FTSE 100	6,348.82	-25.39	-0.40%
DAX	8,197.08	-32.43	-0.39%

Ticker

Volume

Price

Price Delta

STOXX 50

2,683.98

-16.95

-0.63%

FTSE 100

6,348.82

-25.39

-0.40%

DAX

8,197.08

-32.43

-0.39%

Ticker	Volume	Price	Price Delta
Nikkei	13,245.20	+237.94	1.83%
Hang Seng	20,986.90	-238.99	-1.13%
S&P/ASX 200	4,861.38	+47.03	0.98%

Ticker

Volume

Price

Price Delta

Nikkei

13,245.20

+237.94

1.83%

Hang Seng

20,986.90

-238.99

-1.13%

S&P/ASX 200

4,861.38

+47.03

0.98%

Kingdom Holding’s Stock Jumps on Contract for Record-High Tower

By Zahra Hankir - 2011-08-02T09:55:51Z

Kingdom Holding Co. (KINGDOM) rose to a one- month high in Riyadh trading after billionaire owner Prince Alwaleed bin Talal awarded Saudi Binladin Group a contract to build the world’s tallest skyscraper for the company.

Kingdom rose as much as 3.2 percent to 8.10 riyals, the highest intraday price since July 3, and was up 1.9 percent as of 12:40 p.m.

The investment company’s planned tower, in the Saudi port city of Jeddah, will have a height exceeding 1,000 meters (3,300 feet) and cost 4.6 billion riyals ($1.2 billion) to construct, Kingdom Holding said in a statement today.

The 828-meter Burj Khalifa in Dubai is currently the world’s tallest skyscraper.

To contact the reporter on this story: Zahra Hankir in Dubai at zhankir@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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