Saudi Stocks Rebound Sunday, Other Markets Down

January 30th, 2011
in Banking, econ_news

camel Econintersect:  Saudi, Egypt and Tunisia stocks suffered big losses in recent days.  Sunday (January 30) Egyptian markets remained closed and Tunisia was closed as well.  However Saudi markets regained more than 1/3 of Saturday's sharp losses, closing up 2.5% for the day.

Follow up:

Other middle eastern markets, which had traded fractionally on Saturday, took sizable hits on Sunday:  Dubai(-4.3%), Abu Dhabi (-3.7%), Qatar (-3%), Jordan (-2.3%) and Kuwait (-1.8%).

Here is price chart for the Saudi market from

For larger image click stocks 30-jan-2011    


Source: and GEI News 

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