VIDEO: How did Saudi stocks push Tadawul over 8,000 for 1st time since 2015?
Daman Investments Head of Asset Management Ali Adou discusses the Saudi equities market, and talks about the price of oil. He speaks on “Bloomberg Daybreak: Middle East.”
Saudi equities on Tadawul surged and helped create the highest points average since 2015.
Tadawul up 11% this year on high expectation of better crude prices.
But could regional and geopolitical tension prove to be the biggest catalyst to tadawul stock performance?
What is the impact of MSCI and FTSE inclusion as secondary emerging market status for Saudi?
How do US Saudi relations impact the investment climate?