Ticker	Volume	Price	Price Delta
DJIA	15,268.30	-38.89	-0.25%
S&P 500	1,648.02	-7.33	-0.44%
Nasdaq	3,452.96	-10.34	-0.30%

Ticker

Volume

Price

Price Delta

DJIA

15,268.30

-38.89

-0.25%

S&P 500

1,648.02

-7.33

-0.44%

Nasdaq

3,452.96

-10.34

-0.30%

Ticker	Volume	Price	Price Delta
STOXX 50	2,776.78	-58.23	-2.05%
FTSE 100	6,696.79	-143.48	-2.10%
DAX	8,351.98	-178.91	-2.10%

Ticker

Volume

Price

Price Delta

STOXX 50

2,776.78

-58.23

-2.05%

FTSE 100

6,696.79

-143.48

-2.10%

DAX

8,351.98

-178.91

-2.10%

Ticker	Volume	Price	Price Delta
Nikkei	14,484.00	-1,143.28	-7.32%
Hang Seng	22,669.70	-591.40	-2.54%
S&P/ASX 200	5,062.45	-102.92	-1.99%

Ticker

Volume

Price

Price Delta

Nikkei

14,484.00

-1,143.28

-7.32%

Hang Seng

22,669.70

-591.40

-2.54%

S&P/ASX 200

5,062.45

-102.92

-1.99%

Sabic Gains Most in Two Weeks After Announcing Cash Dividend

By Mourad Haroutunian - 2011-12-18T08:38:14Z

Saudi Basic Industries Corp. (SABIC) rose the most in almost two weeks after the world’s largest petrochemicals company proposed paying the highest annual cash dividend since 2005.

The shares advanced as much as 2.4 percent, the most since Dec. 5, to 96 riyals, before trading at 95.50 riyals at 11:30 a.m. in Riyadh.

The board of the Riyadh-based company recommended a second- half dividend of 3 riyals a share after paying 2 riyals for the first six months, it said in a statement today. That made the 2011 cash dividend the company’s highest since 2005, according to data posted on the Saudi bourse website.

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

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.