What Caused the Drop in Saudi Stocks?

The video discusses Saudi Arabia's fiscal discipline efforts to attract investors, highlighting the need to reduce the public sector wage bill. It examines the poor performance of the Saudi stock market, dominated by retail investors, and the lack of foreign investment. The discussion shifts to OPEC's role in oil prices, noting the potential for an agreement in November as Iran reaches its production target. The video concludes with an optimistic outlook for oil prices as inventory levels decline.

What fiscal measure is the Saudi government implementing to attract investors?

• Increasing public sector wages

• Reducing public sector wage bill

• Increasing oil production

• Raising taxes

What is a significant factor affecting the Saudi stock market's performance?

• Strong foreign investment

• High number of institutional investors

• Stable market sentiment

• Dominance of retail investors

What is missing in the Saudi market that could improve its performance?

• Institutional and foreign investors

• More retail investors

• Government subsidies

• Higher oil prices

What is the expected outcome of the OPEC meeting in November?

• Agreement on production targets

• No agreement reached

• Decrease in oil production

• Increase in oil prices

What has been the trend in OPEC's oil output over the last two years?

• Increased by 3 million barrels per day

• Decreased by 3 million barrels per day

• Remained constant

• Fluctuated significantly