Saudi Stocks Slide Following Strike on Riyadh Airport
Trading on the Saudi stock market opened lower following the deadly missile attack on Riyadh's international airport.
Saudi stock indices declined as the trading week opened on Sunday, following the deadly strike on Riyadh's international airport, news agency Reuters and Hungarian outlet Portfolio.hu reported.
The attack on the airport, which claimed the lives of at least 12 people and injured more than 300, was described as the most severe incident to hit the facility in over a decade. The market reaction reflects mounting concern over security escalation and its broader economic fallout for the kingdom.
Further details regarding the precise magnitude of the market declines have not yet been released.
Sources: Portfolio.hu, Reuters
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