Closing bell: TASI falls 98 points as the US banking crisis

Closing bell: TASI falls 98 points as the US banking crisis rattles investors

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 97.92 points — or 0.95 percent — to close at 10,207.17 on Tuesday as the looming US banking crisis clouded the investor sentiment globally. The collapse of Silvergate Bank, Silicon Valley Bank and Signature Bank in the last week has spurred an exodus of investors from equities to safe havens such as gold and bonds. Stock

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