The main Saudi index rose 0.6%, today, Wednesday, in parallel with global stocks, as investor sentiment was supported by progress in terms of financial stimulus in the United States and positive news for the Covid-19 vaccines .
and Al-Rajhi Bank advanced 0.5%, the Saudi Basic Industries Corporation (SABIC) jumped 1.2%, and oil prices, a major driver for Gulf markets, rose, as news of the vaccine stimulated hopes Investors recovered demand.
and according to Reuters, the MSCI stock index has risen. Global 0.3% to a record high of 635.65.
