Equity Market

Equity Market

SAUDI ADDED TO MSCI WATCH LIST On the 20th June Saudi Arabia was added to the MSCI watch list for a potential upgrade to the MSCI Emerging Market Index in 2018. More than US$1.5 trillion in assets are benchmarked to the index. NEW SAUDI RULES ...


Equity Market

Equity Market

NEW CMA RULES The Capital Market Authority (CMA) and Saudi Stock Exchange (Tadawul) have released new draft rules which are open for public consultation. According to a joint statement, the CMA published the Rules on the Offer of Securities and...


Equity Market

Equity Markets

FITCH TO ESTABLISH PRESENCE IN SAUDI Fitch has received authorization from the Capital Market Authority (CMA) of Saudi Arabia to conduct credit rating activities in the Kingdom. According to a press release, Fitch will establish an on-the-ground...


Equity Market

Equity Market

Tadawul gains 0.5% in March despite falling to its lowest point of the year on the 14th. Tadawul institutional ownership increases 5.4% to 65.2% since August 2015. Shift to T+2 trading settlement cycle comes into force on the 23rd April. ...


Equity Market

Equity Market

Malaysian and Saudi Arabian businesses sign seven preliminary agreements amounting to over US$2 billion ITFC to launch SME trade development program in partnership with Catalyst Group Saudi Arabia launches parallel stock market to list SMEs,...


Equity Market

Equity Market

TASI returns fall -1.55% year-to-date, as analysts warn recent stock market rally is unsustainable. Saudi reclassifies equity market sectors in accordance with the Global Industry Classification Standard (GICS), effective from the 8th January ...


Equity Market

Equity Market

Capital Market Authority releases second market listing rules Tadawul plans to list multiple REITs by the end of 2016 Saudi stocks lead global losses on 15th November with daily decline of up to 4%