Saudi Arabia's Tadawul All Share Index closed in the red at 11,552.98, losing 0.7 percent. The MSCI Tadawul Index also decreased by 0.71 percent. The dip in the Saudi market aligns with a global decline in stock markets due to the ongoing trade war. The best-performing stock was Alistithmar AREIC Diversified REIT Fund, with a 10 percent surge in share price.