Closing bell: Saudi stock market closes in the red amid fears of global economic downturn
RIYADH: Saudi Arabia’s Tadawul All Share Index dropped for the third consecutive session on Wednesday, losing 145.44 points, or 1.30 percent, to close at 11,073.17. The fall was driven by fears of global economic uncertainties and dipping oil prices. The parallel market Nomu also slipped by 192.44 points to close at 20,670.85, and the MSCI Tadawul Index dropped 1.26 percent to