Saudi Stock Market- August 2014

The announcement in late July 2014 by the Council of Ministers that foreign investors would be allowed to invest directly in the Tadawul came as no surprise. The Saudi Arabian index is the regions most diverse capital market due to its size and maturity, and has been gearing up to welcome foreign investors for some time now. Jadwa Investment views the opening up of the Tadawul as an overall positive but we believe a cautious and considered path to reform is the best way forward.