Mobius Leads Saudi Bulls on Volatility: Riskless Return


28/03/2012 19:52 AST

Money managers from Mark Mobius to John Burbank are bullish on Saudi Arabia, where stocks are producing the world’s best risk-adjusted gains in 2012 with lower volatility than longer-term U.S. Treasuries.

The BLOOMBERG RISKLESS RETURN RANKING shows the Tadawul All Share Index climbed 2.5 percent this year through yesterday after adjusting for price swings, the biggest advance among equity gauges in 73 nations, as oil rallied and speculation grew that the world’s biggest crude exporter will remove restrictions on foreign investors. Volatility in Saudi Arabia is the third- lowest among the world’s 25 biggest markets and dropped below that of the Bloomberg/EFFAS U.S. Government 10+ Year Index of long-term bonds for the first time since 1996.

For more on this Click Here

Bloomberg
Market News
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 141.9 88,465
GFH 0.58
AMLAK 1.11 5,867,712
DU 5.67 2,648,775
STC 74.4 31,867
SABIC 100 251,403
BKMB 0.36 2,845,456
Recent News

S&P Global affirms the financial strength rating of gcAA+ for WALAA
Walaa Cooperative Insurance Company is pleased to announce that on 25/07/2017 the Company has secured gcAA+ long term Gulf Cooperation Council Regional scale financial strength credit rating, The rat

Dollar hits 13-month low after Fed adjusts statement
The dollar fell on Wednesday, touching its lowest level in more than a year against a basket of currencies after the release of the Federal Reserve's policy statement following its July meeting.

Abu Dhabi group to set up $150m Vietnam petchem JV
Abu Dhabi-based Baron Point Petroleum Services Company (Baron Point Petroleum) has reached an agreement with national oil and gas company PetroVietnam Oil Corporation (PV Oil) to set up a joint ventu

Zain Bahrain posts $3.7m net profit; revenues hit $84m
Zain Bahrain, a leading telecommunications provider in Bahrain, today reported that its year-on-year revenues for the first half of 2017 surged 16.4 per cent, from BD31.8 million ($84.1 million) to B

Seef Properties' H1 net profit surges 16pc
Bahrain-based Seef Properties has registered a net profit of BD5.2 million ($13.7 million) for the first half of 2017, up 16 per cent compared to BD4.5 million ($11.8 million) the same period last ye

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?