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The benchmark Saudi market, the largest in the region, closed down 0.2%. Al Rajhi Bank and Saudi Basic Industries Corp. (SABIC) fell by 0.5% each.
Riyad Bank also fell by 1.1% and SABB Bank by 1.6%.
Investors have been cautious about valuations of large companies The Saudi market has risen in recent months, after the index has jumped nearly 15% since the beginning of the year.
Banks also saw a drop in deposits in their second-quarter earnings reported in the last two weeks. Reduces the risk of a funding crisis
The Dubai market index is closed Down 0.3 percent over Dubai Islamic Bank losing 1 percent, but the overall index of Abu Dhabi's market has recovered to 0.3 percent, offsetting early losses.
A Reuters poll showed Tuesday confidence in UAE stock market managers
The Qatar index rose 1.9 percent, continuing to recover from its losses in the previous session after recording a 60 percent decline in net income in the second quarter.
And pushed the weak performance of shares in the banking sector The Kuwait Stock Exchange lost 1.3%, Kuwait Finance House 2.4%
The stock is up 14% since the beginning of the year. year, but has lost some of his earnings in recent days.
– Saudi Arabia – The index fell 0.2 percent to 8295 points
– Dubai – The index fell 0.3 percent to 2.956 points.
– Abu Dhabi The index rose 0.3 percent to 4,860 points.
– Qatar The index rose 1.8 percent to 9825 points.
– Kuwait The index fell 1.3 percent to 5297 points. The index rose 0.9 percent to 1.358 points.
– Oman The index rose 0.4 percent to 4337 points.
– Egypt The index rose 1.85 percent to 15,580 points.
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