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  • 30-12-21

    Saudi stock exchange falls after forcing coronavirus regulations again

    (MENAFN) The Saudi stock exchange indexes plummeted as the government forced tighter regulations again to curb the outbreak of coronavirus.

    With the most recent drop, the major stock index TASI plunged 1 percent to end at 11,199 points, whereas the equivalent market Nomu fell by around 3 percent to 25,952 points.

    The country has declared that wearing masks and implementing social distancing rules is going to be obligatory in all indoor and outdoor occasions and activities from 07:00 a.m. on Thursday, Dec. 30.

    Al Rajhi Bank pulled the main stock index down as its stocks tumbled 1.4 percent to SR141 (USD37.56) – with stocks valued at more than SR701 million (about USD186.7m) changing hands in one day. This was followed by drops of most of the market’s main shares.

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