RIYADH: Saudi stocks dropped on Wednesday, mirroring a continued decline in oil prices as recession worries intensified.
The Kingdom’s real gross domestic product grew by 12.2 percent in the second quarter of 2022 over the same period last year, recording the highest growth in over a decade, revealed data by the General Authority for Statistics.
TASI slid 1.1 percent to end below the 12000-point level at 11,863, while the parallel market Nomu lost 1.6 percent to 20,528.
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