Time – July 10, 2018
An exchange-traded fund tracking Saudi Arabian shares has delivered the biggest return among peers so far this year as investors anticipate an upgrade of the Middle East’s biggest economy to emerging markets status. The iShares MSCI Saudi Arabia ETF, or KSA, has returned 17 percent year-to-date, Hasnain Malik, global head of equity research at Exotix Capital, weighs in on “Bloomberg Daybreak: Middle East.” (Corrects company name in headline) (Source: Bloomberg)
