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Saudi Stock Index Closes Lower by 38 Points

Riyadh: The Saudi Stock Exchange’s main index closed lower on Tuesday, shedding 38.41 points to end trading at 11,033.99 points. The value of traded shares amounted to approximately SAR 4 billion.

According to Qatar News Agency, a total of 201 milli…

Japan’s Nikkei Drops to One-Week Low as Investors Cash In

Japan: Japan’s Nikkei index fell to a one-week low on Tuesday after a strong rally that had propelled it to successive record highs, prompting investors to lock in profits. The Nikkei fell 3.6 percent to 69,788.38, hitting its lowest level in a week a…

Oil Prices Fall About 1% at Settlement

Doha: Oil prices fell by about 1 percent at settlement on Tuesday. Brent crude futures declined by 82 cents, or 1.1 percent, to $77.08 a barrel. US West Texas Intermediate (WTI) crude fell by 65 cents, or 0.9 percent, to $73.21 a barrel.

According t…