Saudi shares opened higher early on Saturday, lifted by gains in the petrochemical sector, after oil prices rose on Friday.

The all-share index rose 1 per cent in early trading to 6,060 points and the petrochemical sector added two per cent to 6,065 points.

Brent crude for November edged up 15 cents to settle at $105.88 a barrel on Friday.

Brent ended three per cent higher on the week, the best percentage weekly gain since the week to July 8. Shares in heavyweight Saudi Basic Industries (Sabic) added 1.7 per cent in early trading.-Reuters