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Saudi Arabian equities surge as stocks open to foreign investors


Saudi Arabian equities surge as stocks open to foreign investors

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Saudi Arabian regulators announced reforms allowing all foreign investors direct access to the stock market, leading to a 2.5% increase in the Tadawul All Share Index. This marks the largest intraday gain since September.

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Saudi Arabian equities rallied on Wednesday after regulators announced reforms that will allow all foreign investors direct access to the kingdom’s stock market. The Tadawul All Share Index climbed as much as 2.5% on Wednesday, its biggest intraday gain since September, after the Saudi Capital Market Authority said it would remove the restrictions that limited […]
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