Saudi stocks close higher as Aramco leads gains

Saudi stocks rose Sunday, pushing Saudi Arabia’s main share index, TASI, 0.82% higher to 10,189.77. TASI is the broad gauge for stocks listed on the kingdom’s main exchange, so its move captures the market’s overall direction. Gains in energy shares, including a roughly 2% rise in Saudi Aramco, helped drive the advance; because Aramco is the country’s largest listed company, its stock carries unusual weight. The rebound followed seven consecutive losing sessions, showing how a move in a few heavyweight companies can quickly lift the headline index.