Most Mideast Stocks Fall With Trade Tension Spreading: Inside EM - Bloomberg:
Most stock markets in the Middle East retreated on Sunday as investors see more volatility spilling over from trade talks between the U.S. and China.
President Donald Trump said in a tweet on Sunday it would be wise for China to “act now” to finish a trade deal with the U.S., warning that “far worse” terms would be on offer for them after what he predicted would be his certain re-election in 2020.
The main equity indexes in Saudi Arabia and Kuwait fell the most in the Gulf, both down more than 2%. The main gauge in Riyadh was set for the seventh consecutive decline, the longest run since March 2018.
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