Saudi Arabia's bourse made early gains after oil prices earlier reached a seven-month high after better-than-expected employment data from the United States, the world's top consumer of energy resources.
The all-share index rose 0.97 per cent at 6,107 points.
Shares in heavyweight Saudi Basic Industries Corp (SABIC) rose 1.74 per cent and Al Rajhi Bank added 0.71 per cent.
The price of oil, the kingdom's top source of revenue, fell slightly on Friday as traders booked profits after it touched a seven-month high over $70 a barrel.
The Saudi stock market is closed on Thursdays and Fridays.
A US government report said US employers shed 345,000 jobs last month, the least since September and far fewer than forecast, suggesting the US economy's severe weakness could be diminishing.
Etihad Atheeb gained 4.86 per cent after announcing the launch of its first commercial services.