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Saudi pension body bough $533 mln stocks in March | ASHARQ AL-AWSAT English Archive 2005 -2017
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RIYADH, (Reuters) – Saudi Arabia’s public pension agency invested 2 billion riyals ($533.3 million) in March in the kingdom’s stock market, its governor said on Tuesday.

“We bought (stocks) worth 2 billion riyals … we will keep investing. The market is promising,” Mohamed al-Kharashi told Reuters on the sidelines of a conference in Saudi Arabia’s capital.

He said the agency invested in banks, telecoms and cement sectors.