Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Stocks In Saudi Arabia Rally Again, Up A Staggering 9% On The Week
In case you were in any way unclear about this: Saudi stocks are super excited about the possibility of MSCI inclusion somewhere down the road and, more importantly, about Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman replacing his cousin Muhammad bin Nayef as heir to the throne.
The consolidation of power in bin Salman is being taken as a positive for markets, although his hawkish foreign policy bent certainly raises more questions than it answers given the current state of the two
