RIYADH: Saudi Arabia’s Tadawul All Share Index shed 53.42 points, or 0.47 percent, on Tuesday to close at 11,275.77. The parallel market Nomu, which lost 183.81 points on Monday, rose by 230.64 points to close at 20,834.64 on May 23. The MSCI Tadawul Index dropped 0.73 percent to 1,509.98. The total trading turnover of the benchmark index was SR6.64 billion ($1.77 billion).
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RIYADH: Saudi Arabia’s Tadawul All Share Index lost 22.16 points or 0.20 percent to finish at 11,258.61 on Monday, driven by falling oil prices and fears the US Federal Reserve could raise interest rates. On Monday, Brent crude dropped $1.68, or 2.09 percent, to $78.65 a barrel at 4:10 p.m. Saudi time, while US West Texas Intermediate crude slid $1.78, or 2.32 percent, to