JEDDAH — Saudi shares closed narrowly higher Saturday as the stock benchmark Tadawul All Share Index ended 0.2 percent higher on 6996.72 points.
The petrochemical index rose 0.42 percent to 5994.93 points while the banking index also closed higher, rising 0.08 percent.
US stocks climbed Friday, pushing the Nasdaq to a 12-year closing high and the S&P 500 index to a five-year high as stronger trade data lifted optimism.
Crude oil prices closed mixed Friday as investors weighed a big supply in the US, encouraging trade data from China and renewed tensions with Iran.
The petrochemical index rose 0.42 percent to 5994.93 points while the banking index also closed higher, rising 0.08 percent.
US stocks climbed Friday, pushing the Nasdaq to a 12-year closing high and the S&P 500 index to a five-year high as stronger trade data lifted optimism.
Crude oil prices closed mixed Friday as investors weighed a big supply in the US, encouraging trade data from China and renewed tensions with Iran.
New York’s benchmark contract, West Texas Intermediate (WTI) for March delivery, settled 11 cents lower from Thursday at $95.72 a barrel.
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