The index of the Saudi exchange Tadawul fell by 6.5%

The index of the Saudi exchange Tadawul fell by 6.5%


Fell all shares 167 stock market listed companies. This happened amid falling oil prices and the lifting of sanctions against Iran.

MOSCOW, 17 Jan. The stock index of Saudi stock exchange Tadawul declined significantly amid declining oil prices and the lifting of sanctions against Iran, reports Agence France Press.

At the opening of trading leading indicator Tadawul All-Share Index (TASI) declined by 300 positions, or 6.5%, to 5,500 points.

All shares 167 stock market listed companies fell, according to the Agency.

Saudi stock exchange or Tadawul is one of the largest marketplaces in the Arab countries, the Agency said. The exchange trades shares of companies, bonds, units of mutual funds, exchange traded funds. Capitalization of the exchange is of the order of 31 billion dollars.