Saudi Stock Market PLUNGES on Sanctions Fears

[caddo kid]

Saudi stocks plunge on fear of sanctions over Khashoggi - CNN

The main stock market index in Riyadh fell as much as 7% on Sunday and billions of dollars were wiped off the value of leading Saudi companies. The index recovered some ground later to close 3.5% down.

Stocks have dropped as much as 9% since Khashoggi disappeared on October 2 after walking into the Saudi consulate in Istanbul. The losses wiped out all the market's gains in 2018, although it is still up 8% from a year ago.

 

[g5000]

The Saudis have vowed severe retaliation if we impose sanctions on them: General / Official Source: KSA confirms its total rejection of any threats and attempts to undermine it The official Saudi Press Agency

Reminds me of the Arabs turning off the oil spigot in the 70s. Long gas lines.

 

[caddo kid]

https://www.tadawul.com.sa/wps/portal/tadawul/home/


Value Traded (SAR) Volume Traded
6,690,018,684.03 251,108,422

Symbols Up Symbols Down
7 179

Market Cap (SAR MN) Symbols Listed
1,722,183.95 188
Index Change
7,266.59 -264.21 (-3.51%)

 

[theHawk]

Do you regressives favor sanctions on SA?

 

[caddo kid]

Do you regressives favor sanctions on SA?

Trump is known world wide for doubling down when folk throw him a line.

Trump needs to be true to form & put the Saudis in their place = Sanctions & NO weapons sales.

But we all know Trump is breathing money so, he will chicken out, like a good little chicken, and the Saudis & others will just continue to assassinate journalists.

After all, Trump is fighting a war on the free press.