Saudi Arabia ETF Pops as Investors Wait on FTSE Decision
March 27, 2018 at 10:48 AM EDT
The iShares MSCI Saudi Arabia Capped ETF (NYSEArca: KSA) surged Monday as market participants wait on index provider FTSE Russell to potentially promote the country to emerging markets status. However, investors should note that KSA does not track an index from FTSE Russell. KSA, which tracks the...