The stock market continued its decline and broke during yesterday's session the level of 8000 points, and closed down by 2.5 % at 7991 points equivalent to 206 points, recording the lowest close in 8 months, amid trades worth 5.4 billion riyals.

In addition, trading witnessed the shares of only seven companies rising in value and the shares of 154 companies declined, while the shares of 5 other companies remained unchanged, and the number of shares traded was more than 219.4 million shares distributed on more than 119.5 thousand transactions.

The local stock market continued to fall sharply and record losses, as the continued drop in oil prices, as well as uncertainty over the future growth of the global economy, hurt investor sentiment.

The decline was exacerbated by the absence of any official reassurances from officials about the market situation, which has reached a stage where it needs psychological support, through official statements and statements about what is happening in it, restoring confidence and raising morale, which is supposed to happen at such times when stocks are falling to irrational levelsThe decline was accentuated by the absence of any official reassurances by officials about the conditions of the stock market: 16.0pt; font-family: "Arial","sans-serif"; color: #333333;">.

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