Saudi Arabia’s Tadawul All Share Index fell for a fifth consecutive trading day as the conflict with Houthi forces showed no signs of easing and the United States prepared to escalate its war on Iran. According to Sina Finance, the benchmark fell as much as 3.4% intraday before closing down 2.7% at 9,438.50, its lowest close since March 2021. Al Rajhi Bank fell to its lowest level since 2024 and led declines by points; Maaden, ACWA Power and Saudi Aramco were also among the biggest point-weighted decliners. Flynas, which has resumed flights to Riyadh, rose. Over the weekend, Yemen’s Houthi forces continued attacks on Saudi Arabia, triggering repeated air-raid alerts in Riyadh, Jeddah, Mecca and other locations.