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The first was a 4.7-magnitude quake, followed by a 4.2-magnitude tremor
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Saudi shares slump almost 8 pct at opening
RIYADH - The Saudi stock market, the largest in the Middle East, dived 7.8 percent at the opening of trade on Wednesday, following two days of impressive gains.
Minutes after opening, the Tadawul All-Shares Index (TASI), which had rebounded 17.5 percent in the past two days, dropped by more than 500 points and was trading around 6,300.00 points.
All 15 sectors dropped, with the leading petrochemicals and banks sectors shedding more than seven percent.
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