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A Saudi Stocks ETF Has Beaten All Emerging Markets Peers In 2018: (KSA)

TedTed
in The Bullpen
FYI: An exchange-traded fund tracking Saudi Arabian shares has delivered the biggest return among peers so far this year as investors anticipate an upgrade of the Middle East’s biggest economy to emerging markets status.

The iShares MSCI Saudi Arabia ETF, or KSA, has returned 17 percent year-to-date, more than any other of the 229 ETFs focused on emerging-market equities tracked by Bloomberg. Its gain compares with an average loss of 6.6 percent for the group in the same period.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-07-09/a-saudi-stocks-etf-has-beaten-all-emerging-markets-peers-in-2018?srnd=etfcenter

M* Snapshot KSA:
https://www.morningstar.com/etfs/arcx/ksa/quote.html
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