Saudi Stock Market Crash a Cause for Concern

AME Info – The ruin of hundreds of thousands of small shareholders in the Saudi stock market crash is a worrying development. It is financial catastrophe for those involved, and is already impacting on consumer spending. But the authorities now need to tread carefully to minimize the total economic effect of the crash.

Stock market crashes do not come much more vicious than the collapse that has engulfed the Saudi bourse in the past three months. It has collapsed by 50% after briefly reaching an all-time high of over 20,000 points in February.

AME Info