Saudi Arabia Stocks Plummet 1.30% Amid Sector-Wide Declines

Saudi Arabia's stock market ended Sunday down 1.30% as losses in key sectors dragged shares lower.

The Tadawul All Share index fell, with the energy and utilities sector, cement, and media and publishing sectors all contributing to the decline.

Despite the overall negative trend, some stocks managed to buck the trend, including Arriyadh Development Co., Saudi RE Cooperative Reinsurance, and Saudi Automotive Services Co.

The worst performers were Saudi Aramco Base Oil Company JSC, Knowledge Economic City, and Allied Cooperative Insurance Group SJSC, which fell 9.97%, 5.08%, and 4.96% respectively.