Saudi Shares Decline to Four-Week Low, Led by Sabic, Samba: Gulf Stocks

(Bloomberg) -- Shares in Saudi Arabia fell, sending
the Tadawul All Share Index to its lowest in almost four weeks.
Saudi Basic Industries Corp., the world's biggest chemical
company by market value, and Saudi Telecom led the retreat.

The Tadawul index lost 2 percent to 7342.18 in Riyadh. The
index has lost 7.5 percent this year, the sixth worst-performer
among equity benchmarks tracked by Bloomberg worldwide. The index
lost 53 percent last year.


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