Solely aggregation of news articles, with no opinions expressed by this service since 2009 launch on this platform. Copyright to all articles remains with the original publisher and HEADLINES ARE CLICKABLE to access the whole article at source. (Subscription by email is recommended,with real-time updates on LinkedIn and Twitter.)
Tuesday, 9 March 2021
#Saudi Equities Jump to 2015 Level on Higher Oil Bets: Chart - Bloomberg
Saudi Equities Jump to 2015 Level on Higher Oil Bets: Chart - Bloomberg
Saudi Arabia’s main equities index closed at its highest since June 2015, with more than three-quarters of Tadawul All Share Index members up this year. The gauge has been boosted by bets that crude prices will rise as OPEC+ producers keep a tight leash on supply while economic activity picks up globally. Goldman Sachs Group Inc. analysts estimate that crude, the kingdom’s biggest export, will be at $80 a barrel by the end of the third quarter.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment