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Falling financial companies in Saudi Arabia

2021-04-11T17:02:08.866Z

Dubai-SANA The main stock markets in the Gulf closed with mixed results, and the Saudi index came under pressure from the shares of other companies



Dubai-Sana

The main stock markets in the Gulf closed with mixed results, and the Saudi index came under pressure from financial stocks amid lower oil prices.

Reuters reported that the Saudi benchmark index fell 0.7 percent, affected by the drop in Al-Rajhi Bank 1.9 percent and the Saudi National Bank of Saudi Arabia 2 percent.

Saudi Aramco's share also fell 0.1 percent, despite the company's agreement on a deal worth 12.4 billion dollars to sell a stake in its pipelines.

In Dubai, the main index closed up 0.4 percent, led by a 1.9 percent increase in Emaar Properties and 2.3 percent for Emaar Malls.

Source: sena

All business articles on 2021-04-11

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