March 11 (Reuters) – Saudi Arabia’s stock market fell in early trading on Monday as most of its bank shares dropped, while Abu Dhabi was lifted partially by its top lender First Abu Dhabi Bank.
Saudi Arabia’s index was down 0.6 percent with Riyad Bank falling 1.7 percent and Al Rajhi Bank slipping 0.8 percent.
Southern Province Cement lost 1.3 percent after reporting a 47 percent drop in its full-year net profit due to lower sales prices.
Al Hammadi Company For Development And Investment also fell 1.8 percent after its full-year net profit dropped.
The Abu Dhabi index was up