Saudi Market Will Struggle to Breach 9,000 Level, Says Credit Suisse’s Iqbal

The transcript discusses the divergence in market expectations, particularly in oil prices, and the implications of Saudi Arabia's inclusion in the FTSE Russell index. It highlights the potential risks and benefits of this inclusion, such as increased correlation with global markets and the impact on specific Saudi stocks. The discussion also covers future market expectations, noting challenges due to economic difficulties and competition with China, which may limit the market's growth potential.

What are the potential risks associated with Saudi Arabia's inclusion in a larger index?

How might the inclusion in the index affect the correlation of Saudi Arabia's market with the global market?

What advantages does Saudi Arabia gain from being included in the emerging market index?

In what ways could the economic difficulties faced by Saudi Arabia impact foreign investment?

What factors might limit the upside potential for larger cap names in the Saudi market?