Foreign Investors and Stock Market

stock market: The kingdom cabinet decided late Monday the kingdom would open its $531-billion 393-billion-euro stock market to foreign investors sometime in the first half of next year, according to Deutsche Welle. IMF positive outlook Saudi Arabia benchmark index soared to its highest level in seven years on Tuesday at 10,058.53 points on news that financial institutions from around the world would soon be able to buy and sell stocks on the Arab world biggest exchange. The Riyadh-based Tadawul All Share Index has a number of influential companies listed, including one of the largest petrochemical groups in the world, Saudi Basic Industries Corp. (news.financializer.com). As reported in the news.