403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Tadawul to fall by 3 percent
(MENAFN) A plunge in Saudi Arabia's Tadawul index by 3.23 percent in the first half an hour of trade may be the first in a sequence of issues for the kingdom's market.
Furthermore, the Tadawul All Share index reached a low of 6,761 in early trade trailing the Saudi budget that included a 97.7mn shortage.
In addition, the kingdom's petrochemical sector as well as its energy sector viewed the largest drop on Tadawul, with the petrochemical falling 3.77 percent.
The drop trailed declaration from the Saudi government almost a budget of USD 223.8mn for 2016, a fall from the USD 259.7mn budget this year.
Furthermore, the Tadawul All Share index reached a low of 6,761 in early trade trailing the Saudi budget that included a 97.7mn shortage.
In addition, the kingdom's petrochemical sector as well as its energy sector viewed the largest drop on Tadawul, with the petrochemical falling 3.77 percent.
The drop trailed declaration from the Saudi government almost a budget of USD 223.8mn for 2016, a fall from the USD 259.7mn budget this year.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment