Saudi share markets open Tuesday higher ahead of OPEC+ gathe...| MENAFN.COM

Friday, 02 December 2022 12:45 GMT

Saudi share markets open Tuesday higher ahead of OPEC+ gathering


(MENAFN) The Saudi benchmark index increased in Monday’s exchange session as financers anticipated the gathering of the Organization of the Petroleum Exporting Countries Plus to be hosted later in the week.

The Tadawul All Share Index opened the session with a surge of 0.53 percent to stand at 11,548; while the similar market Nomu opened nearly unaffected at 19,956, as of 10:06 A M Saudi time.

Saudi oil giant Aramco opened with a 0.42 percent jump, whereas Rabigh Refining and Petrochemical Co. saw an increase of 1.44 percent.

The Saudi National Bank, the nation’s biggest lender, gained 1.12 percent, whereas Saudi British Bank surged by 2.12 percent.

The nation’s highest valued bank Al Rajhi soared 0.61 percent, whereas Alinma Bank climbed 0.68 percent.

Mouwasat Medical Services Co. added 0.69 percent, following the complete of the gaining of 51 percent of Jeddah Doctors Co. in a SR102 million (USD27 million) agreement.

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