GCC Equity Markets Plummet Scorched Over US Oil Price Fall
- Date: 21-Apr-2020
- Source: Al Bawaba
- Sector:Financial Markets
- Country:GCC
GCC Equity Markets Plummet Scorched Over US Oil Price Fall
The US oil prices crashed into the negative territory due to oversupply and storage issues on Monday, pushing US equity markets also down.. Dubai Financial Market was down 2.3 percent with 26 out of 28 scrips trading in the negative territory.. Among other regional bourses, Saudi Arabia's Tadawul slumped 1.5 percent within a few minutes of opening the trade..
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