Saudi Market Will Continue to Do Well, Exotic Capital's Malik Says

The video discusses the dynamics of the Saudi market, highlighting the impact of oil prices, OPEC meetings, and MSCI inclusion. It suggests exploring underperforming sectors like banks and tourism. The focus then shifts to Egypt, where economic reforms and growth in gas and tourism are promising, but caution is advised due to global challenges. Finally, Pakistan's market is analyzed, noting short-term vulnerabilities but potential long-term opportunities due to valuation discounts and infrastructure improvements.

What are some reasons for the continued rise in Saudi oil prices?

• Weak global demand

• Strong OPEC meetings and potential output increase

• Decrease in local production

• Reduction in global oil reserves

Which sectors are identified as underperformers in the Saudi market?

• Real Estate and Utilities

• Banks and Industrials

• Telecommunications and Energy

• Technology and Healthcare

What structural theme is highlighted as a potential growth area in Saudi Arabia?

• Agriculture

• Education

• Tourism

• Manufacturing

What is a concern for Egypt's market despite positive structural reforms?

• Global economic conditions similar to Argentina and Vietnam

• Decreasing tourism

• Lack of foreign investment

• High inflation rates

What makes Pakistan's market potentially interesting after the election cycle?

• Decreasing security concerns

• High inflation rates

• 30% discount to its valuation average

• Lack of infrastructure development