Saudi Arabia's stocks rise on private sector payout settlement

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The stock market index showed a great reaction to the decision of the Council of Economic Affairs to settle private sector dues to the state treasury and complete them before the end of the year and rose by 2.1% at 6328 points equivalent to 130 points, continuing its rise for the fourth session, recording the highest close in three months, amid active trading of 5.84 billion riyals, the highest in six months.

The rise comes within the wave of the market's rise since three weeks ago and reached 850 points by 15.9%.

The rise comes within the bullish wave that the market has been witnessing for three weeks and has reached 850 points so far by 15.9%.

The rise comes within the bullish wave witnessed by the market for three weeks and has reached 850 points by 15.9%.

The rise came across all sectors benefiting from the disbursement of dues, namely banks and cement, followed by shares of export sectors, led by SABIC, which recorded the highest buying point at 87 riyals. Of the 169 companies traded, the prices of 133 companies rose, while the prices of 27 companies declined and the shares of nine companies were unchanged.

Of the 169 companies traded, the prices of 133 companies rose, while the prices of 27 companies declined.