Closing Bell: Saudi Main Market Slips 1.17%

Saudi stocks hit wartime low as Aramco slides, Gulf oil exports rebound

Saudi Arabia’s Tadawul All-Share Index fell 1.17% on Tuesday, dragged down by oil giant Aramco, as investors digested signs that Gulf oil exports are recovering.

Closing Bell: Saudi main market slips 1.17%

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 123.54 points, or 1.17 percent, on Tuesday to close at 10,455.64. Trading turnover reached SR3.63 billion ($966 million), with 202 million shares changing hands. Market breadth was negative, as 27 stocks advanced while 236 declined. The MSCI Tadawul 30 Index dropped 16.45 points, or 1.15 percent, to 1,409.02, while the Nomu parallel market index lost 173.11 points, or 0.81 percent, to finish at…