Saudi Index leaves Investors Shell Shocked

Posted on November 13, 2008 by Ramki

The Saudi markets have lost more than half its value since the beginning of the year. How much more pain can they bear? Looks like there is scope to fall by at least another 12%. Check out this chart.

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5 Responses to Saudi Index leaves Investors Shell Shocked

  1. mh says:
    March 25, 2010 at 4:05 am

    the saudi market was the first in the region today to breakout from its downtrend since 2006 from 21000 and breakoiut was at 6580 and currently trading at 6750 levels.

    Reply
  2. mh says:
    May 6, 2010 at 3:10 am

    Hi Ramki, will be kind please to update us with your view on Dubai markets. Many thx.

    Reply
  3. katthy says:
    May 10, 2010 at 3:28 am

    Dear ramki I wish to know your point of view in the Saudi market Thank you very much

    Reply
  4. Hani says:
    June 4, 2011 at 1:30 pm

    Dear Ramki, Looking forward to hear from you your updated analysis of Saudi Market.

    Thanks,
    Hani

    Reply

  5. Pingback: Elliott Wave Analysis of Saudi Index TASI | Trade with an Edge using Elliott Wave Analysis Wave Times - Ramki

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