Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) is expected to attract additional inflows of $3 billion in the remaining phases of its inclusion in the FTSE Russell emerging market index, chairperson of Tadawul, Sarah Al Suhaimi, told Al Arabiya.
The Saudi bourse’s first exchange-traded derivative product is also forecast to be launched in the fourth quarter of 2019, Al Suhaimi added.
Tadawul’s inclusion in the emerging markets index is being carried out over five phases.
The third phase of inclusion was complete on 24 June, attracting total passive investment inflows of SAR 4.5 billion.
The fourth and five phases will each include 25% of the Saudi market.
