The headquarters of Saudi Basic Industries Corporation in Riyadh.
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Saudi Arabian stocks rose the most in more than two months after the kingdom said foreigners will be able to access its stock market directly from mid-June and as Saudi Basic Industries Corp.'s profit beat estimates.Tadawul All Share Index climbed 3.6 percent, the most since Feb. 1, to 9,583.15 at 1:46 p.m. in Riyadh.Saudi Basic, the world's biggest global petrochemical manufacturer by sales known as Sabic, soared 9.8 percent.The world's biggest oil exporter is giving foreigners access to the $535 billion stock market as the country pursues a $130 billion spending plan to boost non-energy industries.Egypt's EGX 30 Index retreated 0.5 percent and Bahrain's BB All Share Index slid 0.2 percent.
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