Saudi stocks dove seven percent in early trading on Sunday as the oil-rich kingdom comes under increasing international pressure over the disappearance of journalist Jamal Khashoggi.
The Tadawul All-Shares Index (TASI) quickly lost more than 500 points on the first trading day of the week, wiping out all the gains it had made since the start of the year.
The index had already dropped three percent on Thursday, following a rout on world stock markets fuelled by worries about higher interest rates and US President Donald Trump’s attacks on the Federal Reserve.
Al Jazeera’s Andrew Chappelle has more.
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