BUZZ-Saudi ETF rises as kingdom to open markets to all investors

Reuters

01/06

** U.S.-listed iShares MSCI's Saudi Arabia exchange-traded fund KSA.P up 2.9% at $37.04 in premarket trading

** The Saudi exchange says country to open its financial markets to all financial investors from February 1

** Index provider MSCI classified Saudi Arabia as an emerging market in its annual report for 2025, citing improvements required in openness to foreign ownership and market infrastructure

** The ETF had fallen nearly 11% in 2025 - its biggest annual loss on record, tracking a slump in prices of crude oil, a key export from the country

(Reporting by Johann M Cherian in Bengaluru)

((johann.mcherian@thomsonreuters.com;))

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