MIDEAST STOCKS-Saudi stocks continue slide but rest of region starts to stabilise:
"Saudi Arabia’s stock market continued to fall in early trade on Wednesday because of concern about the economic impact of its anti-corruption purge, but other bourses in the region began to stabilise. The Saudi index was 1.0 percent lower after half an hour of trade. Shares in companies linked to people detained in the investigation slid further. Al Tayyar Travel, whose founder Nasser bin Aqeel al-Tayyar was detained, was down 4.8 percent after plunging 10 percent on each of the previous two days. It was the market’s most heavily traded stock. "
'via Blog this'
No comments:
Post a Comment