Heavyweight SABIC climbs 1.6% as Saudi index closes higher, boosted by rise in oil prices
Saudi shares closed 1 percent higher on Saturday, with
gains in all sectors after oil prices rose on Friday.
The all-share index ended at 6,167 points and the
petrochemical index also ended 1 percent higher at 6,117
Shares in petrochemical giant Saudi Basic Industries
added 1.6 points.
The banking index also added 1.3 percent to 14,363 points,
led by gains in heavyweight Al Rajhi Bank which added 1