The Saudi Arabian stock market opens to retail investors
Starting February 1, the Tadawul market becomes accessible to foreign retail investors.
Briefly about the market
Tadawul is the main stock market of Saudi Arabia
230+ companies
Key sectors: oil, banking, materials, telecom, consumer sector
Historically, the opening of markets leads to increased liquidity and turnover in the first months.
Dividends
The market features companies with dividend yields ranging from approximately 5–8 percent.
We are waiting for the appearance of tokenized shares and ETFs, indices on the exchange #Binance in this market.