An investor gestures as he monitors a screen displaying stock information in Riyadh, Saudi Arabia, November 6, 2017. REUTERS/Faisal Al Nasser
DUBAI/LONDON (Reuters) - Investors hope the sweeping anti-graft probe ensnaring some of Saudi Arabia's top politicians and businessmen is a sign of reform but those holding its bonds worry about instability.
Saudi stocks recovered their losses after the wave of arrests over the weekend, but bonds came under pressure as investors pondered the outlook for the kingdom.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
