FTSE announced that Saudi Arabia would be promoted to Secondary Emerging market status in five tranches from Mar-2019 to Dec-2019, with an expected index weight of 3% and inflows of up to USD4.5bn into the Saudi Equity market. The report includes a table of potential fund flows into Saudi stocks.
doj/DataSet10/EFTA01387659.pdf
{"title":"Strategy Update: Saudi Arabia included in FTSE Secondary EM Index","key_people":["Aleksandar Stojanovski"],"document_date":"2018-03-29","document_type":"tabular","key_locations":["Saudi Arabia"],"document_subtype":"Research Report","key_organizations":["Deutsche Bank","FTSE","Saudi Basic Industries Corp","Al Rajhi Banking & Investment Corp","National Commercial Bank SJSC","Saudi Telecom Co","Samba Financial Group","Saudi Arabian Mining Co-Maaden","Almarai Co Ltd","Riyad Bank","Saudi Electricity Co","Alinma Bank"]}