KSA - Liquidity Bump Underlines MENA Stocks' Appeal In 2019
By Salah Shamma, Head of Investment, MENA Franklin Templeton Emerging Markets Equity
Salah Shamma, Franklin Templeton Emerging Markets Equity's Head of Investment, MENA, sees an upcoming wave of liquidity that could create a splash for stocks in the MENA region in 2019. He explains what's behind this potential liquidity wave - and why Saudi Arabia in particular is capturing investors' attention.
Last year, index provider MCSI announced it would elevate Saudi Arabia to emerging-market status, which we believe should provide the positive momentum needed for stocks in the Middle East North Africa ((MENA)) region. Kuwait