Saudi Stocks Drop Most Since April as Geopolitical Strife Mounts
Yahoo Finance·2026-01-04 13:38
Bloomberg, Saudi Tadawul Group Saudi Arabian equities fell the most in almost nine months as investors considered the possible fallout of geopolitical tensions in Yemen, Iran and Venezuela. The Tadawul All Share Index dropped 1.8% on Sunday, the most since US President Donald Trump’s tariffs roiled global markets in April, with all industry groups in the red. The benchmark also closed at its lowest since Oct. 2023, a level it has hovered around for much of the past month. Most Read from Bloomberg Stoc ...