The main index in Saudi Arabia, Tassi, gave up early gains on Wednesday, down 0.2% After rising for nine consecutive sessions, most of the stock markets in the Gulf region also fell.
and Saudi Telecom Company and Banque Saudi Fransi led losses, down 2.2% and 2.6% %, Respectively.
It is worth noting that government data has shown that inflation in Saudi Arabia has increased to 5.7 % In January from 5.3% the previous month, continuing its rise fueled by a three-fold increase in value added tax last year.
