Petrochemicals and banking, the two heavyweight sectors in Saudi Arabia, helped lift the index to a higher close, gaining strength in late trade as European shares open higher on the year's first trading day.
Bellwether Saudi Basic Industries Corp (SABIC) gained 0.5 percent, Advanced Petrochemical climbed 2.1 percent and National Industrialization rose 0.6 percent.
Signs of some improvement in the manufacturing sector and a surprise drop in German unemployment lifted global stocks and the euro on Tuesday, but rising tension in the Middle East Gulf pushed crude above $110 a barrel.
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