Wednesday 6 January 2016

Saudi Arabia’s Tadawul falls to three-year low over China growth fears | The National

Saudi Arabia’s Tadawul falls to three-year low over China growth fears | The National:

"Saudi shares suffered their worst one-day fall in more than four months, as fears over China’s growth fuelled a global equities and commodities sell-off.

The price of oil dropped below $35 to hit an 11-year-low.

The Tadawul All Share Index fell 3.34 per cent to a three-year low, as MSCI’s Emerging Markets Index dropped to a six-year lows after China’s central bank weakened its currency in an attempt to arrest recent stock market declines and bolster economic growth."



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