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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi Stocks Rise after Kingdom Lifts COVID-19 Restrictions

Kingdom Saudi Arabia Saudi Aramco SABIC Tadawul Ukraine
A view shows a street in Riyadh, Saudi Arabia (File photo: Reuters)

Saudi Arabian shares closed higher on Sunday, tracking a rise in oil prices as the Kingdom lifted all COVID-19 restrictions, and the conflict in Ukraine intensified.

Saudi Arabia's benchmark index ended up on a 0.4 percent rise, the highest peak recorded in July 2006, buoyed by petrochemical and energy stocks, led by the rising SABIC share reaching 1.3 percent.

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