MIDEAST STOCKS-Saudi stocks continue decline despite support from state funds | Reuters:
Saudi Arabia’s market fell sharply after a volatile day of trading on Tuesday, as foreign and retail investors continued to sell despite efforts from state-backed funds to limit the fallout from the killing of Saudi journalist Jamal Khashoggi.
The main index slid 1.3 percent after recovering some of its losses earlier in the session.
The market weakness came on a day when a three-day investment conference opened in Riyadh that has seen a boycott by Western politicians and global chief executives in the wake of Khashoggi’s killing.
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