MIDEAST STOCKS-Saudi falls to eight-month low on wide sell-off, other Gulf markets slip - Agricultural Commodities - Reuters:
Saudi Arabia’s stock market fell to an eight-month low on Wednesday as most shares turned red, wiping out all its gains this year.
Other major Gulf markets also dropped.
The Saudi index dropped 1.8% with 168 stocks falling and just six stocks rising.
Market heavyweight Al Rajhi Bank declined 2% and petrochemical maker Saudi Basic Industries shed 3%.
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