Saudi stock market trading stops over technical error
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s key stock market suspended trading Wednesday over what it referred to as an unexplained technical glitch.
Saudi state television reported the trades halting on Riyadh’s Tadawul in an urgent on-screen graphic, with an anchor saying officials were trying to fix the problem.
The Tadawul later said trading had resumed, but Saudi state TV said trading remain halted despite the stock market’s statement. There was no immediate explanation for the conflicting statements.
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