Middle East Economic Survey

VOL. LIII

No 34

23-Aug-2010

REGIONAL

Jadwa Says TASI Activity May Be Weaker Than Usual This Ramadan

Saudi stock market performance may be weaker than usual during Ramadan this year, as a result of its coinciding with the summer holiday period, said a recent Jadwa Investment report. As investors take foreign holidays, stock exchange activity is expected to slow markedly, with retail investors liquidation of some of their portfolio subsequently putting downward pressure...