Core Viewpoint - The Saudi stock market experienced a significant surge, with expectations of the Capital Market Authority (CMA) easing restrictions on foreign ownership of local companies, potentially allowing foreign investors to hold more than 50% of shares in listed companies [1][6]. Market Performance - As of the latest report, the Saudi All Share Index rose by 4.42%, with several major stocks increasing by over 9% [2]. - Notable stock performances include: - DAR ALARKAN: increased from 16.120 to 17.730, a change of 9.99% - TADAWUL GROUP: increased from 179.800 to 197.700, a change of 9.96% - SNB: increased from 34.560 to 38.000, a change of 9.95% [3]. ETF Performance - Two Saudi-listed ETFs, the Southern Fund Southern Dongying Saudi ETF (159329.SZ) and Huatai-PB Southern Dongying Saudi ETF (520830.SH), saw gains exceeding 6% on the same day [3]. Regulatory Changes - The CMA is reportedly preparing to approve a significant amendment to increase the foreign ownership limit in listed companies from the current 49% [6]. - This change is expected to enhance the relative weight of Saudi stocks in the MSCI index, potentially attracting substantial capital inflows [6]. Comparative Market Analysis - The Saudi stock market has underperformed this year, with a decline of 9.6%, making it the worst performer in the region, while the MSCI Emerging Markets Index has risen by 25% in USD terms [7].
沙特股市突然大涨,这两只ETF也飙升!
证券时报·2025-09-24 12:50