Nick Rice at FundStrategy notes that some financial houses, including BlackRock and Charlemagne, are decidedly bullish on Saudi markets.
“The Middle East crisis has thrown up “extremely compelling” valuations in Saudi Arabia and Qatar, but not necessarily in countries hit by serious unrest, according to the BlackRock Frontiers investment trust.”
The recent dip in the Saudi market on March 2nd was followed by strong gains, and the market is now up nearly 18% since that large one day loss.
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