RIYADH (AFP) - Saudi stocks shed 2.
68 per cent on Saturday as investors cautiously awaited the onset of the company reporting period in a few days' time amid a broad economic slowdown.
The Tadawul all shares index lost 125.
15 points to close at 4,543.
89, led by industrial giant Sabic's 4.
8 per cent fall to 49.
50.
Developer Emaar EC dominated turnover with 451 million riyals worth of shares exchanged, finally closing up 4.
04 percent at 9.
00 riyals.
Worries about bank profits in the slowing Saudi economy continued to weigh heavy on the market, with the sector index shedding 3.
71 percent to end at 12,737.
95.
The Saudi market is the only one in the Gulf region open on Saturday, trading on a Saturday-to-Wednesday week.
The others operate on a Sunday-Thursday week.