Saudi Arabia has reportedly been propping up its stock market when things go bad

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The Saudi government buys stocks, often in the final minutes of trading, to counter declines in the market, the Wall Street Journal reported.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

China have been doing this for years. Nothing new here.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi Arabia Pumps Up Stock Market After Bad News, Including Khashoggi MurderThe government of Saudi Crown Prince Mohammed bin Salman has spent billions to counter selloffs in recent months following the killing of a dissident journalist, a corruption crackdown and a showdown with Qatar. Stop buying anything Saudi if possible. Stop investing in Butchers! Saudi House of Cards
Source: WSJ - 🏆 98. / 63 Read more »