The MSCI Saudi Arabia ETF KSA is on a tear as of late with much of the ETFs holdings benefiting from the rise in Energy prices. The top holdings of the fund are;
AL RAJHI BANK
THE SAUDI NATIONAL BANK
SAUDI BASIC INDUSTRIES
SAUDI ARABIAN OIL
SAUDI ARABIAN MINING
Banks, Materials and Oil and Mining, all go hand in hand. The banks are doing well with the high cost of energy prices and, Oil and Mining are both commodities doing well.
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