July 27, 2018 — The S&P Dow Jones indices will upgrade Saudi stocks from stand-alone market to emerging market status in 2019. Beginning in March 2019, S&P Dow Jones will add major Saudi stocks to its global indexes with a 50 percent weight, followed by an increase to 100 percent weight in September 2019. S&P Dow Jones’ decision to upgrade Saudi stocks comes amid reforms in the Riyadh market structure supporting foreign investment and strong consensus in the investment community.
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