Saudi Arabia's share index hit a 10-week low and most other Gulf Arab bourses declined on Monday as slumping oil prices and a gloomy start to the week on world markets weighed on regional sentiment.
The Saudi stockmarket slipped 0.8 percent to its lowest finish since July 29 and has now shed 5 percent since hitting a four-month peak on Sept. 15.
Crude oil has fallen 9.9 percent over the same period, trading at $89.13 a barrel at 1349 GMT on Monday, while Saudi Arabia's petrochemicals index was down 0.7 percent on the day.
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