Gulf Stocks Lose $6.8 Billion in 72 Hours Amid Saudi Crackdown - Bloomberg:
"Saudi Arabia’s anti-corruption purge and deepening feud with Iran have spurred a selloff across Gulf stock markets to the tune of almost $7 billion in three days, a sign of the volatility to come as governments in the region push ahead with reforms.
The decline cut the combined market capitalization of bourses in the six-nation Gulf Cooperation Council to $910.7 billion, the lowest level in a year, according to data compiled by Bloomberg."
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