If 2015 was a torrid year for global stock markets, the next twelve months look set to be equally challenging. As the combination of China’s cooling economy and tumbling commodity prices heap downward pressure on indices around the world, investor confidence is quickly evaporating.
Nowhere are these difficulties more apparent than in Saudi Arabia’s Tadawul, the Middle East region’s largest stock exchange, with a total market capitalisation of $421.1bn. The country is currently grappling with a host of economic challenges, as well as regional political tensions, all of which have hit the country’s stock market hard. Over the course of 2015, the Tadawul All Shares Index (TASI) fell by about 17%.
