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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 747.3 USD | -0.86% |
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-4.92% | -7.95% |
| 06:16am | News Highlights : Top Financial Services News of the Day - Friday at 12 AM ET | DJ |
| 05:15am | News Highlights : Top Company News of the Day - Thursday at 11 PM ET | DJ |
RIYADH (Reuters) - Larry Fink, chief executive of the world's largest asset manager BlackRock, said he was bullish about long-term investment with a focus on climate change.
"Overall, I think because of the great needs of investing for climate change, and because of the pools of the savings and the great need for long-duration assets, I would say the fundamentals going forward into 2021 and beyond are pretty favourable for long-term investors."
He was speaking remotely at the Future Investment Initiative (FII) conference in Riyadh.
(Reporting by Saeed Azhar and Yousef Saba, writing by Davide Barbuscia; editing by Jason Neely)
| 1st Jan change | Capi. | |
|---|---|---|
| -7.95% | 112B | |
| -1.11% | 90.24B | |
| +15.14% | 61.07B | |
| -0.04% | 58.93B | |
| +8.64% | 41.26B | |
| +6.15% | 40.73B | |
| +17.55% | 34.1B | |
| +0.96% | 24.91B | |
| -5.71% | 21.95B | |
| +0.37% | 18.45B |
BLACKROCK, INC. 
