Saudi Arabia's bourse extends gains from Sunday's 11-week low as investor focus shifts to smaller-cap stocks in the insurance and food and agriculture sectors.
Shares in dairy and food producer Almarai Co close 2.2 percent higher at 69.75 riyals, having surged to 71.50
riyals intra-day in heavy trading.
The firm posted a 4.7-percent rise in quarterly net profit on Monday but fell short of analysts' forecasts as higher
commodity prices and expansion costs ate into earnings.
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