Summary
KSA Chart
UAE's exit from OPEC not directed against anyone, ADNOC CEO says
The United Arab Emirates' decision to exit OPEC and OPEC+ was not directed against anyone but meant to serve national interests, Abu Dhabi National Oil Company CEO Sultan Al Jaber said on Monday.
CNBC Daily Open: UAE leaves OPEC adrift
The United Arab Emirates will exit OPEC on May 1. European bank earnings top forecasts, but Airbus misses expectations.
United Arab Emirates Leaves OPEC In Favor Of ‘National Interest'
Get Forbes Breaking News Text Alerts: We're launching text message alerts so you'll always know the biggest stories shaping the day's headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes.
iShares MSCI Saudi Arabia ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| YA Yinka Akinsola Blue Trust Inc. | 15,315 | $625,190.8 | $563,668.57 | -$61,522.23 | -9.84% |
 Jeff Ameen Spire Wealth Management | 215 | $8,348.87 | $7,933.5 | -$415.37 | -4.98% |
| MD Michelle Dubey Yousif Capital Management LLC | 127,774 | $5.21M | $4.72M | -$481,680.09 | -9.25% |
 Katie Smith Delos Wealth Advisors LLC | 73 | $2,901.75 | $2,688.22 | -$213.53 | -7.36% |
 Jennifer Grunberg Allspring Global Investments Holdings LLC | 278,575 | $12.03M | $10.28M | -$1.75M | -14.53% |
iShares MSCI Saudi Arabia ETF (KSA) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares MSCI Saudi Arabia ETF ever had a stock split?
iShares MSCI Saudi Arabia ETF Profile
| ARCA Exchange | US Country |
Overview
The company specializes in investment services, focusing on tracking the performance of the Saudi Arabian equity market. It operates a fund that aims to invest a minimum of 80% of its assets in securities that form part of an index representative of Saudi Arabia’s large-, mid-, and small-cap equity market segments. This index is adjusted based on free float and considers foreign ownership restrictions, making it a significant gauge for the country's market performance. Due to its investment strategy, the fund is classified as non-diversified, implying a focused investment approach rather than spreading its assets broadly across many securities.
Products and Services
- Equity Market Investment Fund
This product is designed for investors looking to gain exposure to the Saudi Arabian equity market across all capitalization segments. The fund invests primarily in securities that are part of a specifically tailored index measuring the country's market performance, ensuring that investments mirror the economic characteristics of these components. This strategy incorporates foreign ownership limits, providing a comprehensive investment approach within the regulatory framework.
- Non-diversified Fund Strategy
Offering a non-diversified fund strategy, this product is suited for investors seeking concentrated exposure to the Saudi Arabian market rather than a broad, globally diversified portfolio. This approach emphasizes investment in securities that are expected to benefit from the economic growth and market dynamics within Saudi Arabia, potentially leading to higher rewards for those willing to accept the increased risk associated with a focused investment strategy.
