Saudi stock market faces worst loss in 5 years amid US tariffs: State media
The Saudi stock market suffered its worst daily drop in five years, falling 6.78% on Sunday. The decline, triggered by new US trade tariffs, led to a global market rout and fears of a trade war. Major sectors and companies, including Aramco, experienced significant losses, with the market value dropping by over half a trillion riyals.
The Saudi stock market suffered its worst daily drop in five years, falling 6.78% on Sunday. The decline, triggered by new US trade tariffs, led to a global market rout and fears of a trade war. Major sectors and companies, including Aramco, experienced significant losses, with the market value dropping by over half a trillion riyals.
