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Saudi Arabia's stock exchange makes its debut on global emerging markets indexes

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The inclusion marks a continuation of efforts by the Saudi kingdom to open up its market to international investors.

Saudi Arabia's stock exchange, the Tadawul, took its first step Monday of inclusion in two major international indexes: the FTSE Russell and S&P Dow Jones' emerging markets indices.

Al-Hussan expects this inclusion to bring in around $15 billion in passive inflows across the indices, adding that calculating the expected active funds is more challenging. Al-Hussan commented on the long-awaited public offering of Saudi state oil giant Aramco, emphasizing the importance of timing and effective due diligence.

 

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