Saudi Basic Industries Corp (SABIC) rose after saying it would issue a SAR3-per-share ($0.80) dividend for the second half of 2011, helping the kingdom's index extend gains.
Shares in SABIC, the world's largest chemicals producer, climbed 1.3 percent to rebound from Saturday's two-week low.
Other petrochemical stocks also advanced, with Saudi Kayan Petrochemical up 0.9 percent and Alujain climbing 1.4 percent.
Shares in SABIC, the world's largest chemicals producer, climbed 1.3 percent to rebound from Saturday's two-week low.
Other petrochemical stocks also advanced, with Saudi Kayan Petrochemical up 0.9 percent and Alujain climbing 1.4 percent.
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