Saudi Stocks Slammed As War Worries Trump Dead-Crude-Bounce
by Tyler Durden
ZeroHedge.com
02/14/2016
Oil’s late week surge provided much buying excitement asd Mid-East equity markets opened with flashing green numbers across every screen. However, by the close, it was a sea of red with Kuwait, Egypt, Amman, and Iraq all lower and Saudi’s Tadawul All Share Index tumbling almost 4% from the opening highs as war worries dragged The Kingdom’s stock market back near 5-year lows.
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