March 28, 2018
FTSE decision on Saudi market.
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This document from Bank of America Merrill Lynch's Global Equities division provides an analysis of the Saudi market, anticipating positive outcomes from EM index reviews in March and June. It highlights strong Saudi fundamentals, including a bottomed-out growth and fiscal adjustment, and outlines a positive equity strategy. The report also details key events such as Crown Prince MBS's US tour and meeting with Trump, and recommends 10 single stock names to own in Saudi, including Al Rajhi, NCB, SABIC, Yansab, and STC.
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