Settlement cycle and it has also become the first in the region to permit short selling. We spoke to the c. E. O. Of the middle east biggest equity market. What i would like to see is the growing number day after day and year after year. We have an ownership limit of 49 and wed love to see a few achieve that level. The other big theme has been ipos and were hearing whispers of more Family Companies considering ipos as well. How many ipos are you looking forward to in 2017 to bring liquidity into this market . Well, today after launching the Second Market were looking at ipos from two different sides, offering two platforms for listing. He main market and nmo has been very active as expected. It has been granted approval 20 we can say that at least Saudi Companies have fired their Financial Advisers. We see a very healthy ipo pipeline on the market. Out of those 20 are there more Family Offices considering ultimately the thinking was it has encouraged more of the private companies to co
The republican congressman in question has been raked over the coals as to what republicans are doing. Are they taking this thing apart . What we do know at this point, it is in the senates hands. The senate will take its sweet time on this there is no rush for this. The markets interpret that to mean, all right, fine, to come up with something even though you start from scratch, so be it. But it could delay the tax cut thing. Many, many times, delay in the tax cut is something that could be a problem because if it is pushed into next year, guess what . Growing talk it will be difficult in middle after Midterm Election year, and Midterm Election year, republicans could, potentially lose. Fascinating report that the cook report has uncanny track record on this stuff, more than likely ne year, republicans lose the house. Now you might say, wait a minute it, would take 24 swapped seats to dot that . It has happened in the past. Weve seen it multiple times. In fact every decade there is a
A quick check of drive times. Tracy to dublin, we have a minor issue. Youre in the yellow at 51 minutes. Westbound antioch to concord 24 in the yellow as well. And san rafael to San Francisco we just saw that on the golden gate camera that looks good. We have one crash involving a motorcycle in the south bay. Ill talk about that coming up next. Alexis, thank you. Breaking news in the east bay, a big power outage after this tree fell on to power lines overnight in danville on verde mesa drive. Pg e is working to get it restored. The number without power is down to 480. Some street lights may be out so a heads up if youre taking your child to school. The jury in the sierra lamar murder trial will announce whether antolin garciatorres is guilty of murdering her. Lets look at the hall of justice in san jose where the verdict will come down in just a few hours at 9 00. Garciatorres is charged with first degree murder. If found guilty he faces the Death Penalty or life in prison without paro
Max has more on the verdict. Max . Reporter very emotional here at the santa clara courthouse. Gasps heard as the verdict was read from the clerk inside that courtroom. Then in the overflow courtroom, there were loud applause and cheers from the people who were watching that closed circuit video of the proceedings. Now [ inaudible ] murder of sierra lamar, found guilty of three counts of attempted kidnapping of three women in a Safeway Store where he used to work. They talked to us outside the courthouse. Nothing will take away the pain and sorrows we experience every day, and we will continue to experience for the rest of our lives. Truly, weve been praying for the chapter to have this ending, justice. Well obviously never get sierra back, so its not closure, but it is a good first step, and the jury did the right thing. Reporter the search for sierra continues. The prosecution convinced the jury of the guilt without a body, murder weapon, or crime scene. They had dna evidence. Defens
Relief. Reporter joining them sierras older sister danielle with tears in her eyes. Obviously not going to see sierra back, so its not closure but it is a good first step. And the jury did the right thing. Reporter Antolin Garcia torres was convicted of kidnap and murder even though the body wasnt found. It was on dna evidence. In 13 weeks of testimony its difficult to say what is most compelling. Its the whole package. Reporter the jury will convene next week to start the penalty phase. Garcia torres could face life in prison without the possibility of parole, or the Death Penalty. In san jose, david louie, abc7 news. Todays verdict came as a huge relief to the hundreds of volunteers who searched for the teenager. Abc7 News Reporter jeannine de la vega join us from morgan hill where sierra attended high school before disappearing. Jeannine . Reporter well, nearly everybody here knows the name sierra lamar even though they dont personally know her or knew of her family. In a sense, she