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RSS FeedsMarkaz: Saudi Arabia pulls down GCC Equities, Kuwait bucks the trend
(WorldNews Europe)

 
 

10 november 2019 08:30:15

 
Markaz: Saudi Arabia pulls down GCC Equities, Kuwait bucks the trend
(WorldNews Europe)
 




Markaz: Saudi Arabia pulls down GCC Equities, Kuwait bucks the trend10 - Nov - 2019 Kuwait Financial Centre `Markaz` recently released its Monthly Markets Review report. Markaz report stated that GCC markets, except Kuwait, extended their losses for the third consecutive month in October, after the sell-off in Saudi Arabia. The decline in Saudi stocks during the month was fueled by Fitch`s downgrade of the country`s credit rating due to increased geopolitical risk and the circulation of uncertain news over Saudi Aramco`s IPO date. Kuwait`s All Share Index snapped its two-month losing streak, registering gains of 0.7%...
 
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