{Kantakji Group}. Add '10319' New Jadwa report: Foreign earnings of listed companies

FYI


 Nawaf Y. Husein

 Faculty Member
 Msc, CRP , CLBB
 Saudi Training Society Member

 Institute of Banking
 Saudi Arabian Monetary Agency ( SAMA)
  P.O.Box : 10820   Riyadh 11443 Saudi Arabia
 Tel : + 966 1 463 3000   Ext. 3825
  Fax: + 966 1 466 2368
  Mobile : + 966 55 48 44 828

  SKYPE : abuhejleh2     

Dear all,

 

Companies listed on the Saudi stock market are deriving an increasing share of their revenues from abroad. The growing exposure to foreign markets is good for Saudi companies, though it is also one reason for the tighter relationship between moves in the TASI and global stock markets and the relatively weak performance of the local market given the healthy domestic economy.

 

Regards,

 

Paul Gamble

Head of Research

Jadwa Investment