Kuwait City (AFP) – Share prices in the energy-rich Gulf states nosedived on Sunday with investors spooked over global growth fears, declining oil prices and conflicts, analysts and traders said.All seven bourses, most of which resumed trading Sunday after a week-long Muslim holiday, ended in the red with Saudi Arabia and Dubai taking the lead.The Saudi Tadawul All-Shares Index (TASI), the largest in the Arab world, tumbled 6.51 percent to close at 10,145.38 points, its lowest level since July 22. All but one of the 161 listed companies dropped.The Dubai Financial Market index, which has made the largest gains among …read more
Source: Business Insider
