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Saudi shares plummet

 
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Kirk
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Joined: 01 Jan 1970
Posts: 2292
PostPosted: Sun Nov 23, 2008 7:07 am    Post subject: Saudi shares plummet Reply with quote
Saudi shares plunged 9.2% on Saturday with most blue chips posting across-the-board declines. Worried investors resorted to panic selling as oil fell below $50 on Friday and on growing uncertainty about the future of Citi Group. The Saudi index fell 448.87 points to end at 4,431.57, its lowest since early 2004.

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