Franklin FTSE Saudi Arabia ETF logo

Franklin FTSE Saudi Arabia ETF (FLSA)

Market Closed
11 Aug, 20:00
ARCA ARCA
$
32. 68
+0.27
+0.8331%
$
19.32M Market Cap
2.16% Div Yield
300 Volume
$ 32.41
Previous Close
Investors:
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Day Range
32.68 32.71
Year Range
30.88 35.38
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FLSA: Preferable To KSA, But Not A Good Time To Pursue

FLSA: Preferable To KSA, But Not A Good Time To Pursue

Saudi equities, while still down this year, have underperformed emerging markets and outperformed global markets. We examine how FLSA, a little-known ETF that covers Saudi equities, stacks up against its larger peer- KSA, and find that the former, while hardly flawless, does pretty well. Saudi's prospects are still heavily reliant on oil, and conditions here don't look too alluring.

Seekingalpha | 1 year ago