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Sat 9 Jan 2010 02:34 PM

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Saudi shares up 1%, led by banks

Saudi benchmark TASI rises by 0.97 percent to 6321.73 points in trading on Saturday.

Saudi shares closed 0.97 percent higher, led by gains in the banking and agriculture and food sectors.

The Saudi benchmark TASI rose by 0.97 percent to 6321.73 points and the agriculture and food index rose by 1.34 percent to 5188.89.

Anaam Holding gained 9.87 percent to 61.25 riyals, followed by Saudi Fisheries which gained 6.34 percent to 54.50 riyals. Almarai Company gained 1.18 percent to 171.25 riyals.

The Banks and Financial Services Index rose by 1.26 percent to 16136.06 points led by heaveyweight Samba Financial Group.

Samba gained 3.32 percent to 54.50 riyals. Al-Rajhi Bank  rose by 0.69 percent to 72.50 riyals. (Reuters)

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