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Brazil's Newcastle poultry outbreak unlikely to have major long-term impact, analysts say

By Gabriel AraujoSAO PAULO, Oct 20 (Reuters) - An outbreak of Newcastle disease in Brazil is unlikely to cause lasting damage to the country's poultry industry if authorities contain it quickly, analysts said, though uncertainty over trade restrictions, particularly from China, remains a key risk for exporters.Brazil, the world's largest chicken meat exporter, confirmed a case of the disease at a commercial farm in the southern state of Santa Catarina on Monday, prompting containment measures and triggering concerns over poultry trade flows.

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Saudi Stock Market Falls to Lowest Close Since April 2021

Saudi Arabia's benchmark Tadawul All Share Index (TASI) ended Tuesday's session down 1.7 percent, shedding 172 points to close at 9,952, its lowest closing level since April 2021, with total trading turnover reaching approximately SAR 3.8 billion. The index fluctuated between an intraday low of 9,941 points and a high of 10,116 points. Since the beginning of the year, it has lost around 540 points, equivalent to 5.1 percent.

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