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Saudi stocks edge up ahead of fourth tranche of inclusion on FTSE Russel

From english.alarabiya.net

Saudi Arabian stocks edged up on Sunday ahead of their inclusion on FTSE Russel’s emerging market index. The Saudi Stock Exchange (Tadawul), the Middle East’s largest market, is set to complete on September 23 its fourth tranche of inclusion on FTSE as part of a five-tranche process. This comes after it wrapped up its inclusion on MSCI’s Emerging Markets Index in August. The Tadawul initially joined the two indexes earlier this year. The benchmark Tadawul All Share Index (TASI) edged up 0.20 percent on Sunday by midday trading. The market was also supported by the Kingdom’s announcement that the recent attacks on ... (full story)

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