Saudi ETF rises as kingdom to open markets to all investors
ReutersJan 6, 2026 2:23 PM
U.S.-listed iShares MSCI's Saudi Arabia exchange-traded fund KSA.P up 2.9% at $37.04 in premarket trading
The Saudi exchange says country to open its financial markets to all financial investors from February 1
Index provider MSCI classified Saudi Arabia as an emerging market in its annual report for 2025, citing improvements required in openness to foreign ownership and market infrastructure
The ETF had fallen nearly 11% in 2025 - its biggest annual loss on record, tracking a slump in prices of crude oil, a key export from the country
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