Economic concerns continue to grow for Saudi Arabia’s global economy, as the sell-off on Riyadh’s stock exchange shows investors are uneasy.
Analysts say the exchange dropped by more than five hundred points, then clawed back some of the losses, ending down two hundred and sixty-four points, or more than four percent.
Of one hundred and eighty-eight stocks traded on the exchange, one hundred and seventy-nine ended the day with a loss.
Chief Market Analyst at ThinkMarket Neem Aslam said the unstable political situation is likely to continue to chase away investors.
