Petrochemical giant Saudi Basic Industries Corp adds 2% as all-share index closes 1.9% higher
Saudi shares closed 1.9 percent higher on Saturday
led by gains in the petrochemical and banking sectors.
The all-share closed at 6,156 points, its highest
close since August 3 when the market closed at 6,424 points.
The petrochemical sector added 2.3 percent to 6,273
points and petrochemical giant Saudi Basic Industries Corp
(SABIC) closed 2 percent higher.
The banking index ended 2.2 percent higher to 14,790 points,
lifted by gains in heavyweight Al-Rahji Bank which
ended 3.3 percent higher.