After about half an hour of opening, the Saudi market index exceeded the 10,000 points for the first time since November 2014, up 0.3% at 10014 points, and appreciated about 1.9 billion riyals.


According to Arab Net, the index has gradually increased since the beginning of the year to reach more than 1,300 points and 15.3%.


Savola's shares rose more than 3% at SAR 41.60, and Nadec traded at 35.25 riyals at an increase of 2%.


Tabuk agricultural shares are at more than 7%.


The International Monetary Fund raised its estimates for the growth of the Saudi economy during this year to 2.9%, up from 2.6% in forecast in January. IFAD has maintained its estimates for 2022 at 4%.


This comes after GDP contraction in the Kingdom with 4% last year, according to the International Monetary Fund estimates, due to the effects of Corona, and low global demand for oil.


At a meeting of the International Monetary Fund on the Saudi response to the Kovid 19, within the events of the Spring Meetings of the World Bank and the IMF. / p>