HSBC offers investors greater access to Saudi Arabia
The bank launches new Saudi indices, funds and access products.
HSBC Corporate, Investment Banking and Markets CIBM global research has launched two new indices to help investors wade their way through the Saudi Arabian equities market.
The bank launched HSBC Saudi Equity Index as a way to benchmark the returns generated by the Saudi equity market. And it has kicked off a tailored sector index, based on Saudi Petrochemical stocks, called the HSBC Saudi Petrochemical Equity Index. Both indices will be reviewed quarterly.
The Saudi Index is comprised of 36...
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