Saudi Arabia Tadawul Stock Exchange to Launch Single Stock Futures

The Arab world’s biggest bourse, Saudi Arabia’s Tadawul exchange, plans to launch single stock futures on July 4 with the underlying stocks selected from the largest and most liquid publicly listed companies. The move is aimed to enable local and international investors to hedge and manage portfolio risks more effectively. The Kingdom is utilizing its resumed power in financial markets through high oil prices. Saudi authorities have introduced a raft of reforms to attract overseas share buyers and issuers as … Continue reading “Saudi Arabia Tadawul Stock Exchange to Launch Single Stock Futures”

Saudi Arabia FTSE Russell Emerging Market Index Attracts Another $1.58 Billion

The Arab world’s biggest bourse, Saudi Arabia’s Tadawul exchange, third phase of inclusion in FTSE Russell’s emerging market index is set to attract about $1.58 billion (Dh5.8bn) in passive foreign inflows. KSA joined the MSCI Emerging Market benchmark last year.