عربي

Saudi marketUpdated 1h ago

Saudi shares edged down at the start of the week under pressure from bank stocks.

Saudi shares slipped slightly at the start of the week, with bank stocks weighing on the market, according to Asharq Business with Bloomberg. The report placed the move amid renewed risks to navigation in the Strait of Hormuz and anticipation of a Federal Reserve decision. It also noted that the index had gained more than 2% the previous week.

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Key Actors

  • Federal Reserve System
  • Saudi stock market

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