Aramco has set a share price of SR27.25 as it looks to raise around $11.2bn from a secondary public offering
Saudi stocks
Latest in Saudi stocks
Public Investment Fund
Saudi wealth fund rakes in $5bn as demand for stocks booms
Share sales in Saudi Arabia have seen huge investor demand, with most IPOs getting priced at the top of offering ranges
Capital Markets
Morgan Stanley puts buoyant Saudi stocks back on the buy list
Financials and materials stocks have been the best performers on the MSCI Saudi Arabia index this year
Public Investment Fund
Saudi Telecom may see significant inflows if PIF sells stake
Shares in Saudi Telecom Co. dropped 3.3 percent on Sunday, the most since March 2020, after the Public Investment Fund said it may sell part of its holding
Saudi stock market
Saudi stocks drop for fifth consecutive day amidst ‘geopolitical issues’ and profit-booking
Correction is market is not expected as factors contributing to the negative streak are temporary, said a Kamco Investment Co. exec
Aramco
Aramco shares rise as Crown Prince says oil firm can cut government payout
While the details were unclear, the move could alleviate pressure on Aramco’s balance sheet and free up some of the $73.5 billion of annual dividends it makes to the government
Saudi Aramco
Saudi stocks lead Gulf gains on surging oil bet
The Tadawul All Share Index climbed as much as 1.4%
Emerging Markets
Riyadh share trades set to surge again as MSCI completes upgrade
When the first part of the MSCI upgrade took place in May, share trading in Saudi Arabia leapt to almost $8bn in a single day
Aramco IPO
Saudi stocks gauge ends on a high despite Sabic drop
Sabic is the third-largest individual constituent of the main Saudi gauge
MSCI Emerging Market Index
Saudi Arabia’s Tadawul posts profits rise to $75.9m
Profits rise follows upgrading of Saudi Stock Exchange to emerging market status and was included on three global index providers
MSCI Emerging Markets Index
Saudi stocks surge ahead as investors prepare for MSCI inclusion
Tadawul All Share Index gains 2% ahead of its inclusion in MSCI’s main emerging market index
Emerging Markets
Saudi stock euphoria is unwinding as the end of catalyst nears
As index compiler MSCI starts adding Saudi stocks to its EM benchmark as of the close of May 28, passive flows are expected to flock to Riyadh
emerging market
Foreign investors again the main buyers of shares in Riyadh
Buying activity should escalate later this month, when MSCI follows FTSE Russell’s inclusion of the kingdom in its emerging-market benchmarks
Emerging Markets
Investors joining Saudi stocks’ big moment have to pay a premium
Saudi Arabia’s $568bn stock market – Tadawul – has been attracting foreigners as they position for the inclusions by MSCI, over two tranches, and by FTSE Russell
BlackRock
Saudi shares overtake Turkey as destination for US funds
The amount of money that US-based investors are pouring into Saudi Arabian equities has overtaken flows into Turkish stocks
FTSE Russell
Foreigners spend record on Saudi shares as Tadawul upgrade begins
First phase of Saudi Stock Exchange’s inclusion into the FTSE Russell and S&P Dow Jones Indices starts
emerging market
Record foreign buying of Saudi stocks in January
Investors from outside the country and the Gulf were net buyers of $1.17bn of Saudi-listed stocks in January