Investors were disappointed because they were expecting around 5 billion riyals of profit in the fourth quarter. They then decided that the drop was too steep.

Investors are disappointed because they were expecting around 5 billion riyals of profit in the fourth quarter. They then decided that the drop was too steep.

Stocks, which have risen too fast to high levels that can’t be justified, had to come down.

New stock offerings on the market are attracting more interest. There’s also a lot of speculative trading by investors on the hope that the index will keep touching record highs.