Riyadh – Mubasher: EFG Hermes has expected the Saudi Stock Exchange (Tadawul) to attract cash inflows exceeding $10 billion in 2019.
This value accounts for 20% of the total cash inflows expected in all the emerging markets, the research unit of EFG Hermes noted, during the Middle East Investment Conference in Dubai.
The weight of the Middle East and North Africa (MENA) emerging markets in the Morgan Stanley Index is expected to rise 5% after the expected promoting for Tadawul and Boursa Kuwait in 2019, EFG Hermes noted.
