Saudi Shares Slump as Crisis Over Khashoggi Killing Roils Market - Bloomberg:
Saudi stocks dropped as world leaders press the kingdom to come clean about how and why government critic Jamal Khashoggi was killed.
The Tadawul All Share Index fell as much as 3.8 percent in Riyadh, with Al Rajhi Bank and Saudi Basic Industries Corp. contributing the most to the decline. The gauge climbed 1.6 percent last week in volatile trading sessions, with some speculating state-linked funds were propping up shares.
Saudi Arabia said Saturday an initial probe showed that Khashoggi was killed at its consulate in Istanbul after “discussions” turned physical, reversing earlier denials of involvement in his disappearance.
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