Saudi stocks dip 3pc in first session after oil attack

RIYADH,. Saudi shares dropped 3 per cent at the start of trading today, the first session after drone attacks on two major oil facilities knocked out more than half the kingdom’s production.

The Arab world’s largest capital market shed some 200 points in the first few minutes after the opening bell, before regaining some of the losses.

The key energy sector plunged 4.7 per cent, while the telecom and banking sectors each slid 3 per cent. — AFP



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