* Ahmed Al-Rasheed from Riyadh
Saudi shares returned to profitability and closed at 8609 points by winning 140 points, or 1.66 per cent.
The market value rose to more than two trillion riyals after rising 37 billion from the previous session.
The MT30 index rose 22 points, or 1.75 percent.
The rise came with the support of banks led by Al-Rajhi.
The market is expected to exceed the resistance 8694 points to restore the barrier 9000 points.
With the MSCI Index coming close next week, interest may be increasing, which improves the performance of the indicator.
Overall market performance
The general index opened at 8468 points, and headed towards the highest point at 8609 points, gaining 1.66%.
At the end of the session, it closed at 8609 points with an increase by about 140 points, or 1.66%.
Liquidity declined by 27 percent to reach SR 2.9 billion, or SR 33,000 per transaction.
Traded shares fell 6% by about 7 million shares to reach 118 million shares, a rate of 0.21%.
Deals fell 13 percent by about 13,000 to reach 88,000 deals.
Sector performance
Three sectors retreated versus the rise of the rest.
The decline was led by "fragmentation of luxury goods" by 1.5 per cent, followed by "food segmentation" by 0.92 per cent and "public utilities" by 0.46 per cent.
The rise was led by "communications" by 3 per cent, followed by "investment and finance" by 2.3 per cent and "management and development of real estate" by 2.2 per cent.
The highest turnover were "banks" by 36 per cent of one billion riyals, followed by "basic materials" by 23 per cent that amounting to SR 679 million and "Management and Development of Real Estate" by 11 per cent with a value of SR 329 million.
Stock performance
The rise was led by "Al Baha" that was the top gainer, which was closing at SAR18.04, followed by "Anaam Holding" by 9 per cent to close at 10.84 riyals and then "Metlife" by 8.5% to close at 21.48 riyals.
On the other hand, the decline was led by "Jarir" by 2.6 per cent to close at SAR 171, followed by "Care" by 2.2 per cent to close at 48.90 riyals and "Saudi Group" by 2.1 percent to close at SAR 25.70.
The highest turnovers were "Al-Rajhi" with a value of 422 million riyals, followed by "SABIC" with a value of SAR 285 million and "Dar Al-Arkan" with a value of 268 million riyals.
* Economic Reports Unit
