Saudi stocks could gain 20% in a year says brokerage | ZAWYA MENA Edition

Saudi stocks could gain 20% in a year says brokerage | ZAWYA MENA Edition:

Saudi stocks could gain as much as 20 percent by early 2019, according to a top brokerage.

Jadwa Investment said it was “totally plausible” that the Tadawul All Share Index could breach the 10,000 points barrier by early 2019. It stood at 8,367.70 at Thursday's close.

The Riyadh bourse has gained about 17 percent so far this year, beating other measures including the Nasdaq, S&P 500 and the MSCI World Index.