FastSaying
This is a mistake and a sort of political gamble more than being a wise move.
Ali Al Nimesh
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Yes, there was an improvement earlier this month and things seemed flat.
— Ali Al Nimesh
Improvement
It's still early to call it a crash. The indices are expected to rebound slightly sometime soon, but this appears to be a long-term correction cycle. It may continue for two years.
— Ali Al Nimesh
I think the market is witnessing a snowball effect with many investors, who are basically speculating, preferring to sell rather than hold on to their stocks.
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This has certainly been an exceptional year. The index surged to record highs that no one had expected. High oil prices played a pivotal role in the market's magnificent run, as they did in stock markets in neighboring oil-rich Gulf States.
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This has certainly been an exceptional year. The index surged to record highs that no one had expected.
— Ali Al Nimesh
Certainly
Exceptional
Expected