MIDEAST STOCKS-Saudi extends gains on joining FTSE Russel and S&P Dow Jones indexes - Agricultural Commodities - Reuters:
Saudi Arabia’s stock market rose in early trading on Sunday ahead of their inclusion in FTSE Russell and S&P Dow Jones emerging market indexes on Monday, which are expected to attract billions of dollars in passive funds.
Saudi stocks initially joined the two indexes earlier this year.
Saudi stocks will see fourth tranche inclusion in FTSE Russell and the second and final tranche entry into S&P Dow Jones as an emerging market starting on September 23.
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