Riyadh-Mubasher: Albilad Capital placed a ‘Neutral’ recommendation on SABIC, setting the fair value at SAR 106.

The research firm said SABIC’s second-quarter earnings beat its forecasts.

The petrochemical producer posted net earnings of SAR 6.17 billion for Q2-15, falling 4.5% compared with SAR 6.46 billion in the year-ago period.