Monday 7 February 2011

BBC News - Egypt causes knee-jerk market reaction

It has been a month of knee-jerk reactions, as Tunisia and then Egypt provided a reason for investors to sell shares, largely in Middle Eastern markets but globally as well.

At its worst point Dubai fell 6% in a day. Kuwait closed down 1.76% and the Qatar exchange closed 2.95% down.

Saudi Arabia, the region's biggest stock market, had one bad 6% fall but has crawled back.

No comments:

Post a Comment