RIYADH: Saudi Arabia’s main index ended the week’s final session in the red on Thursday, as investors were alarmed by the Kingdom’s annual inflation rate topping three percent for the first time in 14 months.
The Tadawul All Share Index finished the week’s final session with a 0.54 percent decline at 11,829, while the parallel market Nomu ended with a 0.35 percent gain at 20,924.
In line with the Saudi stock, the Egyptian index dropped 1.1 percent for the third consecutive day as concerns about global economic growth continued.
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