Trading was mixed across the rest of the region.
In
The Saudi index was lifted by the financial stocks, withNational Commercial Bank gaining 4.2 percent, followedby banks such as Bank Albilad and Banque Saudi Fransi, posting gains of about 3.5 percent.
Saudi Steel Pipes was the best performer, rising10 percent, as global trade war fears eased after the WhiteHouse said impending
Analysts said foreign money was moving to Saudi stocks frommarkets such as
FTSE is expected to take a decision by the end of March.
Dana Gas was volatile and closed down 1.3 percent.One analyst said volatility would continue as long as there wasno resolution in the company's negotiations with creditors on apotential out-of-court settlement of its sukuk dispute.
“Once the settlement is finalised and the amount is known,then you can have a proper valuation of the stock,” he said.
In
* Index went up 1.5 percent to 7,562.11 points.
* Index lost 0.8 percent to 3,157.45 points.
* Index edged up 0.2 percent to 4,527.10 points.
* Index dropped 0.8 percent to 8,308.34 points.
* Index gained 0.5 percent to 16,472.28 points.
* Index closed 0.4 percent down to 6778.18 points.
* Index climbed 0.3 percent to 1,370.246 points.
* Index edged up 0.03 percent to 4,929.800 points.
(Reporting by Davide BarbusciaEditing by Andrew Heavens)