Tadawul All Share Index falls again

Tadawul All Share Index (TASI) dropped this year by 11.4 per cent from its December 31st value. After a swift recover of 7.4 per cent on Wednesday it dropped today again.

Caution among investors remain high as they monitor the Chinese economy as well as developing countries such as Brazil and Russia.

Chinese stock indices had another volatile day on Wednesday since new measures towards easing monetary policy on Tuesday failed to settle investors’ confidence. China’s central bank cut interest rates and allocated more liquidity to its banks by reducing the reserve ratio requirement.

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