News 24 Head of the "financial market": foreign investment will increase by up to 10% with the accession to emerging market indicators

Chairman of the Saudi Securities and Markets Authority (KSE), Mohamed Al Quwaiz, predicted a doubling of foreign investment in Saudi shares, which is expected to reach 10% by the end of 2019, as well as 39, a liquidity of investments between 30 and 50 billion dollars. , Including FTSE and MSCI.

Al-Quweiz explained that the investment flows resulting from the accession process will be divided into two parts: the first is called "static investments", which enter the market at a rate including the same indices and the same weight, and constituting about 20% of assets, valued at $ 6 to $ 8 billion Of the projected total inflows of $ 50 billion, their income is almost certain on the dates the index is included.

He explained that the second part of the flows is called "managed assets", which may change the timing of their entry and may precede the membership process, or jointly with them, or later, indicating that they are affected by the investor market vision in terms of gain or weight reduction.