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  • 08-04-21

    Main Saudi share index increases on Wednesday

    (MENAFN)On Wednesday, the main Saudi share index soared in the 10,000 barrier as banking and transportation stocks led gains.

    The Tadawul All Share Index increased 0.25 percent to end at 10,014.30.

    The Kingdom represented a push of improvements to attract abroad share buyers that first opened to foreign investors in 2015. Ongoing reforms, a firmer oil price and the rollout of vaccines aided to increase investor response in the market.

    Saudi Central Bank Governor Fahad Al-Mubarak stated that he estimated the Kingdom's economic recovery to be “positive” the current year, due to recovered oil prices.

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