shares in the oil giant Saudi Aramco fell 1.7% to its lowest level since the introduction of quotes in the exchange's Riyadh last month the entrance record primary public offering of stock (IPO). At the end of trading on 5 January, the stock fell to 34.55 Rial (about 9.2 USD) per share. It is the worst performance since the IPO, held on December 11.
, the Kuwaiti index, the best indicator in the region in 2019, has declined 4.1%, while shares in Saudi Arabia (TASI) fell 2.2%. Shares of Dubai (DFMGI) fell by 3.1%, and the company Emaar Properties< / span> (EMAR.DU) fell by 3.7%. Index Abu Dhabi (ADI) fell by 1.41%.
the index of the Saudi stock exchange Tadawul went down by 2.5%, the Egyptian EGX30 index — 4.4% (the biggest drop since September), the stock exchange index in Dubai — 3.1%.
"the expectations of investors who hoped for a reduction in 2020 geopolitical tensions in the middle East and North Africa, were defeated on the second day of the year," commented Bloomberg declines Mohammed Ali Yasin, chief strategy officer located in Abu Dhabi Al Dhabi Capital investment Fund.
"the War between the US and Iran could reduce global GDP by 0.5 percentage points or more, mainly because of the collapse of Iran's economy, but also because of rising oil prices", - quotes Reuters Jason Tuvi, senior economist for emerging markets at Capital Economics.
it is Expected that the regional spreads of the bonds will increase on Monday when the open up the international debt markets due to increased political risk, said a debt banker.
oil Prices podskachila to 63.05 dollars per barrel on Friday, reaching the highest level in the last three months, after the murder of the commander of an elite unit, "al-Quds" Islamic revolutionary guard Corps, Qassem Soleimani has raised fears that the conflict in the region could disrupt global oil supplies.
After the death of General Tehran made a military response the actions of the United States. President Donald trump said that in the event of any attack by the Islamic Republic is ready to strike for 52 facilities in Iran.
