VOL. XLII
No. 32
9-August-1999
SAUDI ARABIA
Saudi Stocks Gain On Increased Liquidity, But GrowthOpportunity Remains Selective
The Saudi Arabian Monetary Agencys (SAMA) issue of SR4bn($1.06bn) in one to four-year bonds has injected some much needed liquidityinto the Saudi Stock Market (SSM), which has experienced a slump in the valueof shares traded since the beginning of the year. The bonds also pushed thegeneral index in the first week of August up 13% on the beginning of 1999. Thebonds were...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!