TITLE

ANALYSIS: Saudi stocks trade at four-month high

AUTHOR(S)
HALIM, TAREK
PUB. DATE
August 2012
SOURCE
MEED: Middle East Economic Digest;8/31/2012, Vol. 56 Issue 35, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on stock prices in Saudi Arabia on August 29, 2012. It states that Saudi stocks were trading near a four-month high due to resilient oil prices. Talal Touqan, head of research at Al-Ramz Securities, commented on how the Eurozone debt crisis has forced a number of European banks to exit non-core markets to raise capital and downsize operations in the Middle East, presenting financial opportunities for regional banks.
ACCESSION #
79814601

 

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