Saudi Shares Climb to Four-Month High; Sabic, Savola Azizia Rise
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Petrochemical and agriculture companies led Saudi Arabian shares to a four-month high, after oil prices advanced on a report U.S. fuel consumption increased in April.
Saudi Basic Industries Corp., the world’s biggest petrochemicals maker, and Savola Azizia United Co. paced the gains. National Industrialization Co. rose to its highest price in more than three years.