Saudi Arabian shares tumbled the most in almost three months in the first trading of the week Saturday, led by petrochemical companies, after a smaller-than-forecast increase in US payrolls heightened concern that a slower economic recovery will curb oil demand.
The stock benchmark Tadawul All Share Index fell 1.73 percent to close at 6,624.95 points, the biggest loss since March 15. All 15 industry groups dropped.
Saudi Basic Industries Corp. and National Industrialization Co. fell more than 2 percent. Al Rajhi Bank, the kingdoms largest publicly traded lender by market value, declined 1.7 percent.
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