• Home
  • Features & Analyses
Thursday 12, February 2009 by

Pressure in the global equity market continues

As the pressure in global equity markets continues to play a lead role in molding investor sentiment in the region, the relatively large weighting of the financial and real estate sectors in MENA indexes has further compounded concerns for regional investors. Adding to the December news that Global Investment House was in default, S&P and Moody's downgraded the credit ratings of several Bahrain-based banks. In the current global environment, this recent news has placed a spotlight on the banking sector throughout the region.