Banks lead Saudi Arabia's bourse to fresh three-and-half-year high and analysts expect the kingdom's financial sector to lift the market further, backed by strong fundamentals.
The main benchmark rises 1.1 percent to finish at 7,759 points, its highest close since September 2008 and third
straight gain.
"The index is approaching a resistance between the 7,800 and 8,000 points range," says Mateb Al Ghanim, portfolio manager at Amlakuna Investment Group.
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