Gulf shares lost as much as US$30 billion (Dh110.1bn) last month as the aftershocks from the meltdown in global markets rippled through the region.
Now investors are nervously bracing themselves for more volatility in the remainder of the year.About $4.8 trillion was trimmed from global markets with slowing economic growth in the US and the debt crisis in Europe sparking the biggest sell-off since the global financial turmoil of 2008.
No comments:
Post a Comment