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|Posté le: Jeu 10 Mai - 04:06 (2018) Sujet du message: Several Chinese carmakers also reported a significant
|" DUBAI Clayton Kershaw Jersey , Jan. 4 (Xinhua) -- Stock markets from Riyadh to Dubai reacted Monday to China's suspension of stock markets after shares tumbled 7 percent and new geopolitical tensions in the Gulf region, but Arab shares performed better than their peers in Europe and the United States.
In Riyadh, the Saudi Arabian Tadawul All-Share Index tumbled 2.36 percent to close at 6,788.13. Only eight shares gained, while 157 Saudi listed stocks lost value.
Market bellwether Sabic Justin Turner Jersey , the first producer of petrochemicals in the world, plummeted 1.82 percent to 75 Saudi riyals (19.99 dollars).
Earlier in the day, trading on China's stock markets was ended at 1:33 p.m. after shares tumbled 7 percent, triggering the new ""circuit breaker"" mechanism on the first trading day of 2016.
The Caixin General China Manufacturing Purchasing Managers' Index (PMI), released earlier today Los Angeles Dodgers Hats , edged down to 48.2 in December from 48.6 in November.
The reading is the 10th month in a row below the 50-point level which demarcates contraction and expansion.
In the United Arab Emirates (UAE), the Dubai Financial Market General Index ended off 1.61 percent at 3,084.43. Arabtec, the biggest construction firm in the Middle East by market value, dived 3.91 percent.
Arab shares were also affected by rising tensions in the region. Oil prices surged over 3.3 percent on growing rows between Iran and Saudi Arabia and some of its Arab allies.
Following Saudi Arabia's move to cut diplomatic ties with Iran Los Angeles Dodgers T-Shirts , the kingdom of Bahrain and Sudan said on Monday they would also freeze diplomatic relations with Iran.
Tensions escalated after Saudi Arabia executed on the second of January 46 suspects charged with terror-related crimes, among the Saudi Shiite cleric Nimr Baqr Al-Nimr. His execution sparked violent protests against the Saudi embassy in Tehran the same day.
The UAE, on the other hand, said earlier in the day it opted to downgrade its diplomatic relations to a pure business level with the Islamic Republic to protest the latter's ""interference in Arab affairs.""
In the UAE capital of Abu Dhabi, the ADX index decreased by 1.31 percent Los Angeles Dodgers Hoodie , finishing at 4,215.58. Qatar's QE 20 Index ended 2.64 percent lower at 10,041.70, while Kuwait's KSE Market gauge lost 46.82 points, ending a volatile Monday at 5 Custom Los Angeles Dodgers Jerseys ,568.30.
Elsewhere, stocks suffered much higher losses. Germany's market index DAX-30 closed 4.3 percent lower, while the American Nasdaq Index lost 2.9 percent in the early of trading.
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