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Saudi stocks dive after finance minister vows ‘painful’ measures | Malay Mail

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DUBAI, May 3 — Saudi shares slumped 6.8 per cent as trading opened today, a day after the finance minister announced “painful” measures to tackle the economic impacts of the coronavirus pandemic. Almost all the listed stocks on the Arab world’s largest bourse were in the red just minutes...

An investor walks past a screen displaying stock information at the Saudi Stock Exchange in Riyadh June 29, 2016. — Reuters pic

Almost all the listed stocks on the Arab world’s largest bourse were in the red just minutes after the start of trading. “Some of these measures could be painful,” he said in an interview with Saudi-owned news channel Al-Arabiya. Saudi Jadwa Investment, an independent think-tank, forecast Thursday that the kingdom would post a record US$112 billion budget deficit this year.

 

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Saudi stocks dive 6.8% after finance minister vows 'painful' measuresAlmost all stocks on the Arab world's largest bourse were in the red just minutes after the start of trading. FMTNews Saudi 🤣🤣🤣👍🤣👍🤣🤣🤣 Time again for Saudi MBS to go capture a few hundreds more of his bastard relatives and lock them up to reinforce his position.
ソース: fmtoday - 🏆 5. / 72 続きを読む »

Saudi stocks dive 6.8% after finance minister vows 'painful' measuresAlmost all stocks on the Arab world's largest bourse were in the red just minutes after the start of trading. FMTNews Saudi 🤣🤣🤣👍🤣👍🤣🤣🤣 Time again for Saudi MBS to go capture a few hundreds more of his bastard relatives and lock them up to reinforce his position.
ソース: fmtoday - 🏆 5. / 72 続きを読む »