Saudi stock market first to plunge on S&P downgrade

Dubai opened down 5% and later climbed back, closing -3.7%. It wouldn't surprise me to see something similar in the US.
 
Quote from Moderate:

how is this obamas fault

Obama is personally responsible for 43% of the USA national debt. the rest came from all other presidents before him, combined.
 
Quote from bidask:
saudi stock market opens on saturdays? cool.
are there saudi futures?
any other markets open on saturdays?
I am sooooooo glad that we have weekends off, sometimes 3-day weekends. Trading 6.5 hours per day, 5 days per week is stressful enough!
stressedl.gif
 
Quote from FrankSlaughtery:

AFAIK, the saudi mkt is the only one open on sat. be careful though trading it since the entire market cap of the country is only about $50B. another issue is gaining access to it. the only retail broker i know of is ib maybe.

50 B $ only ?! , u r way off mate , one bank there is worth more than that ...
 
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