Saudi shares closed higher on Saturday lifted by gains in the petrochemical
sector.
The all-share ended 0.8 percent higher to 7,105 points and the petrochemical
sector closed 1.2 percent higher at 6,089 points.
Heavyweight Saudi Basic Industries Corp (SABIC) ended 2.2 percent higher.
The banking sector also closed higer by 0.2 percent, ending at 15,851
points
World energy markets lifted on Friday after a volatile trading session. Brent October crude rose 76 cents to settle at $114.25 a barrel and US October crude rose 89 cents to settle at $96.42 a barrel.
Follow us on
For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
