The eagerly awaited opening of the Saudi stock exchange (Tadawul) to qualified foreign investors (QFIs) on 15 June has gotten off to a slow start, with no rush by institutional foreign investors to acquire Saudi shares.
The Tadawul All Share Index (TASI) fell 83 points to 9,562 on 15 June, the first day of the opening of trading to foreigners, and closed further down at 9,506 on 18 June. (CONTINUED - 927 WORDS)