Posted inMarkets

Banking, tourism shares boost Saudi stock market

Kingdom’s all-share index closes 1% higher as heavyweight Al Rajhi puts on 2%

Saudi shares closed higher on Saturday, boosted by
gains in the banking and tourism sectors.

The all-share ended 1 percent higher to 6,734 points
and the banking index added 2.4 percent to 15,406 points.

Heavyweight Al Rajhi Bank closed 2 percent higher.

The hotel and tourism sector closed 4.6 percent higher to
6,825, led by gains in Saudi Hotels which added 5
percent.

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