SABIC rises 0.7% as Saudi shares close higher
Riyadh - Arabstoday
Saudi shares closed higher on Saturday, led by gains in the petrochemical sector after oil prices rose on Friday. The all-share added 0.4 percent to 7,601 points and the petrochemical index gained 0.7 percent. Heavyweight Saudi Basic Industries Corp (SABIC) closed 0.7 percent higher. The banking index ended up 0.3 percent, with Saudi Hollandi Bank climbing 1.5 percent.
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