MIDEAST STOCKS-Saudi tumbles more than 3 pct on oil, global downtrend | Reuters:
"Saudi Arabia's stock market tumbled again early on Thursday, hit by the plunge of oil to new 11-year lows and investor worries about the health of the regional and global economies.
Brent crude futures sank more than 4 percent to below $33 a barrel for the first time since April 2004. The Saudi equities benchmark fell 3.1 percent in the first 10 minutes of trade to new three-year lows; stocks were dumped across the board.
Saudi Basic Industries, the bourse's largest stock by market value, slid 5.3 percent."
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