Credit Suisse Sees Saudi Arabia's MSCI Inclusion by June 2019
- Tadawul plans to ease foreign trading restrictions by mid-2017
- Kingdom may account for 5.5% of MSCI EM Index: Credit Suisse
Credit Suisse Sees Saudi MSCI Inclusion by 2019
This article is for subscribers only.
Saudi Arabia’s plan to ease restrictions on foreign stock investors will increase its chances of earning MSCI Inc.’s emerging-market status by June 2019, according to Credit Suisse Group.
The kingdom may account for about 5.5 percent of the gauge should Saudi Arabian Oil Co.’s initial public offering come before then, Fahd Iqbal, the Dubai-based head of Middle East research, said in an e-mailed report. Credit Suisse sees the MSCI review process starting next year.