Delta delays debut of Saudi Arabia service until March after Riyadh airport attacks
Delta planned to begin the route on Oct. 23, in what would have marked the first nonstop commercial flight between the U.S. and Saudi Arabia.
Saudi Arabian stocks closed lower on Sunday, with the Tadawul All Share declining 0.15% to record a six-month low. The decline was driven by losses in several sectors, including Media & Publishing, Transport, and Agriculture & Food. Despite the overall downward trend, some stocks managed to outperform the market. Saudi Industrial Development Co. experienced the highest gains, rising 9.97% to close at 16.33.
Amlak International Finance Company and Arab Sea Information Systems Co also had positive performances. However, the worst-performing stocks included the Arab National Bank, Saudi Research and Marketing Group, and Theeb Rent a Car Company, all of which fell by more than 3%. On the day, more stocks fell than rose, with 180 stocks decreasing and 144 advancing.
Twenty-two stocks remained unchanged. Shares of Saudi Research and Marketing Group hit their 5-year lows, falling 3.02% to 51.30, and Theeb Rent a Car Company reached all-time lows, dropping 3.00% to 18.43. Crude oil prices for November delivery increased by 0.19% to $91.66 per barrel, while Brent oil for December delivery fell 0.29% to $104.42.
Gold Futures for December rose 1.52% to $4,220.30 per troy ounce. Currency markets showed minimal movement, with EUR/SAR and USD/SAR remaining unchanged at 4.21 and 3.76, respectively, and the US Dollar Index Futures rising by 0.01% to 102.03.
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