Saudi market loses 1500 points, records lowest level in a year

Saudi Arabia’s general index of Tadawul market fell to its lowest levels in more than a year at 11030 point, losing nearly 125 points, or 1.2 percent during Monday’s trading.

The index’s decline came amid momentum in trading, which rose more than an hour before the end of trading to exceed 5.1 billion riyals.

This considers the highest since the September 15 session and the market recorded at that time transactions worth 7 billion riyals.