Saudi Arabia's bourse slumped to a nine-day low on Tuesday as investors reacted to second-quarter earnings, while UAE banks were steady despite three international lenders withdrawing from debt restructuring talks with Dubai Group.
In Saudi Arabia, the benchmark fell 0.7 percent to its lowest close since July 1.
Saudi Arabian Mining Company (Maaden), dropped 3.1 percent. It reported second-quarter net profit doubled to 128 million riyals ($34.13 million) on Tuesday but the results fell far short of analysts' estimates.
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