Markets

Saudi stock index falls nearly 4 percent in opening minutes

Watch Berkshire
Key Points
  • The Saudi stock market has been volatile for several days after international outrage over the disappearance of dissident journalist Jamal Khashoggi.
An investor gestures as he monitors a screen displaying stock information in Riyadh, Saudi Arabia, November 6, 2017.
Faisal Al Nasser | Reuters

Saudi Arabia's stock index fell 3.8 percent in the opening minutes of trade on Tuesday, largely reversing its 4.1 percent rebound on Monday.

The market has been volatile for several days because of concern that international outrage over the disappearance of dissident journalist Jamal Khashoggi could hurt inflows of foreign investment. U.S. Secretary of State Mike Pompeo arrived in Riyadh on Tuesday to discuss the affair.

Saudi stock index falls in opening trades
VIDEO3:0203:02
Saudi stock index falls in opening trades
Berkshire Hathaway Live Event