The Saudi Tadawul index rose by 3.8% during the month of March, in a positive shift after a negative performance in February by 0.8%, and the gains of the Saudi market since the beginning of the year amounted to 12.3 % To rank first among all GCC markets for 2019.
In light of the expectations of the FTSE Russell, Morgan Stanley, and Standard & Poor's Dow Jones indexes for the Saudi Tadawul index, investors are seeking to increase their investments in the Saudi market.
Thus, the wave of foreign buying has continued since December 2018, bringing the net value traded by foreign investors in 2019 (until 27 March) to SAR 8.2 billion, equivalent to $ 2.18 billion. Dollars.
The report added that the markets of Qatar, Bahrain and Dubai ended the month with a steady performance, while the Abu Dhabi market index fell by 1.2%. The Oman market fell, compared to the rest of the Gulf markets, by 3.9% in March.
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