Mid-East Massacre: Qatar Crashes, Saudi Stocks Plunge Most Since Black Monday

Sunday, January 17, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
01/17/2016

Broad middle-east and african stock markets crashed over 5%, erasing any gains back to November 2008 as the carnage from last week continues. From Kuwait (-4.3%) to Qatar (-8%) it was a bloodbath as Saudi Arabia Tadawul Index plunged 5.4% – the most since Black Monday (now down over 50% from their 2014 highs). These losses are far in excess of US ‘catch-up’ moves and suggest a dark cloud over Asia this evening.

The Rest…HERE

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