Saudi Arabia Wins MSCI Upgrade; What Do Investors Think? - Bloomberg:
"Investors expect a pick up in liquidity and improvements in corporate governance after MSCI Inc. included the Middle East’s biggest stock market in its emerging-market index. Saudi Arabia’s Tadawul All Share Index has risen 13 percent this year in anticipation of MSCI’s decision, among the best performers in the world. That compares with a 6 percent drop in a gauge that tracks developing-nation equities. Saudi stocks advanced 0.1 percent as of 11:23 a.m. in Riyadh."
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