Published December 31, 2014 5:44am EST | Updated January 8, 2015 3:07pm EST

Saudi Arabia's King Admitted Into The Hospital: Reports

Saudi Arabia's King Abdullah, 91, was in the hospital Wednesday undergoing medical checks, according to media reports which cited royal officials. The head of the oil-producing country was admitted to King Abdulaziz Medical City in the capital of Riyadh. Saudi Arabian stocks came under further pressure following the reports, with the Tadawul All Share Index down nearly 4%.