Reported about 22 hours ago
The Saudi stock market is facing significant pressure as the Tadawul All Share Index dropped 3.7% in early October, marking its worst start to a fourth quarter in years due to escalating regional tensions surrounding Israel and Iran. Investors are concerned that ongoing conflicts could lead to further market declines, especially as oil prices remain below the levels necessary for Saudi Arabia's economic stability. While some view the downturn as an investment opportunity, the overall sentiment is cautious, with many fearing the potential for a wider crisis.
Source: YAHOO