Amid global market carnage, Saudi Arabia stands alone on oil strength

Saudi stocks rise 6 percent led by Aramco despite global sell off erasing 9 trillion dollars, India loses 600 billion as oil near 115 and rupee weakens, FPIs pull 12 billion

By Yoosef K

Saudi Arabia stands out as the lone survivor in a sweeping global equity sell-off triggered by the war in West Asia, defying a trend that has wiped out trillions in investor wealth worldwide.

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