Huatai-PB Southern CSOP Saudi Arabia ETF(QDII)

Successful Fifth Meeting of China-Saudi High-Level Joint Committee Reaches Broad Consensus

Shenzhen Stock Exchange Signs Memorandum of Cooperation with Muscat Securities Market

Nationwide Rollout of Personal Pension System and the Era of ETF Investment

Saudi ETF rises nearly 10% on its first day of listing

520830

On June 2nd (the previous trading day), the Saudi ETF Huatai-PB (520830) had a net financing purchase of CNY 5.1408 million. Among them, the financing purchase amount was CNY 8.3007 million, and the financing repayment amount was CNY 3.1599 million. This ETF is scheduled to be listed on July 16, 2024, with Huatai-PB Fund as the fund manager, and the latest fund size is CNY 1.123 billion

同壁财经

On June 2nd, the Huatai-PB Southern CSOP Saudi Arabia ETF (520830) had a net financing purchase of 5.1408 million yuan, with a net financing purchase of 1.5695 million yuan in the past week

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The UAE's exit from OPEC marks a significant shift in global energy politics, ending nearly six decades of membership and removing the cartel's third-largest producer. In an interview, Maleeha Bengali of MB Commodities explains that the UAE aims to maximize oil revenue rather than adhere to Saudi-led production limits, especially amid ongoing regional conflicts. This departure is expected to weaken OPEC's influence, as the UAE plans to increase production beyond its previous quotas, impacting oil prices and market dynamics.

Invezz

Bosera CSI Oil & Gas Resources Index ETF

ISHRS S Arabia

ISHRS S&P Glb Engy

China Southern CSOP Saudi Arabia ETF(QDII)

SPDR O&G Ex & Prd

SPDR O&G Equip

iShares US Oil & Gas Expl & Prod

United States Oil Fund LP

VanEck Oil Services ETF

China Universal CSI Oil & Gas Resources ETF

VG Energy

Invesco Oil & Gas Services ETF

GLOBAL X MLP & Energy Infra

Interview: MB Commodities' Maleeha Bengali on why UAE just walked out on OPEC

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02830

Gulf states are facing economic challenges as the US-Iran crisis continues, with the Strait of Hormuz blockade impacting energy exports and tourism. Despite a fragile ceasefire, uncertainty looms over the region's economic recovery and diversification efforts. Countries like Qatar have halted liquefied natural gas production, and many Gulf nations expect economic contraction this year. Analysts warn that prolonged instability could hinder the Gulf's ambitions to attract talent and investment, while the US's role in negotiations remains uncertain, leaving Gulf states vulnerable to Iran's influence.

Yahoo Finance

PPKSA G SUKUK

MSCI Kuwait ETF - iShares

CSOP SAUDI

Gulf states in limbo as US-Iran crisis drags on

Middle Eastern stock markets closed on April 20 with the following results: The Saudi Exchange All Share Index fell 0.85%, Aramco remained flat, and the Albilad Southern CSOP MSCI Hong Kong China Stock ETF rose 0.26%. Oman's MSM 30 Index declined 0.34%, Qatar Stock Exchange Index dropped 0.43%, Kuwait Stock Exchange Super Market Price Return Index fell 0.54%, and Egypt's EGX 30 Index slipped 1.07%. Dubai Financial Market General Index decreased by 2.09%, Abu Dhabi Securities Exchange General Index fell 0.80%, while Israel's Tel Aviv 35 Index gained 0.53%

Wallstreetcn

Conglomerates Index

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On Sunday (April 12), Middle Eastern stock markets showed mixed performance. The Qatar Exchange Index fell 0.28% to 10,612.03 points, the Saudi Exchange All Share Index dropped 0.25%, and Saudi Aramco declined 0.15%. Oman's MSM 30 Index rose 0.30% to 8,186.95 points. The Kuwait Stock Exchange Supermarket Price Return Index increased by 0.15%. The Bangladesh DSE General Index rose by 0.26%

PPKSA G SUKUK-U

Middle East Stock Markets Closing Report | Saudi, Qatar Stocks Close Down Over 0.2% on Sunday, Oman Stocks Rise 0.3%

Missile alerts were activated in Israel and the UAE early Wednesday, despite a declared two-week ceasefire between Iran and the US. The situation remains unclear, with ongoing alerts in Saudi Arabia, Bahrain, and Kuwait, indicating instability amid diplomatic efforts. Iran's Revolutionary Guard has been making military decisions independently of political leadership. The effectiveness of the ceasefire and upcoming negotiations in Islamabad is uncertain, as last-minute attacks are common in Middle Eastern conflicts to assert victory.

Business Standard

Missile alerts sound in West Asian countries despite Iran-US ceasefire

FLSA

Middle Eastern stock markets closed on April 5. The Qatar Stock Exchange Index fell 0.65% to 10,160.38 points, showing a long-tail L-shaped trend. The Kuwait Stock Exchange Premier Market Price Return Index fell 0.40% to 9,032.40 points. Saudi stocks rose slightly by less than 0.10%

Franklin Ftse Saudi Arabia

iShares MSCI Qatar Capped

The United Nations warns that the war in the Middle East could erase the economic growth of Arab countries from last year and lead to a severe contraction of the Iranian economy. A report from the United Nations Development Programme indicates that the region's GDP is expected to decline by 3.7% to 6.0%, resulting in losses of approximately $120 billion to $194 billion, which could exceed the entire economic growth of the region by 2025. The report also shows that Iran's GDP may decline by 8.8% to 10.4%, pushing 3.5 million to 4.1 million people into poverty, with the poverty rate potentially rising to 41%

法新社

United Nations: The Middle East war may engulf Arab countries' economic growth in 2025

Middle Eastern financiers are publicly calling to "continue investing" while privately feeling extreme anxiety over the prolonged war. Saudi Arabia's Finance Minister admitted the current shock is "more severe than post-pandemic" and stated that the impact will deepen if the situation persists, as the blockade of the Strait of Hormuz has already hit multiple sectors of Commodities. A top Miami banker stated: "The Qataris are under more pressure than expected and won't last long. The same applies to Abu Dhabi."

- Gulf officials publicly urge "stay calm, continue investing" during the Miami summit, but privately express concerns about the impact of prolonged conflict on the Middle East economy.  
- Saudi Finance Minister Mohammed al-Jadaan warns that the conflict's economic impact could surpass that of the COVID-19 pandemic, stressing that disruptions in the Strait of Hormuz are severely affecting multiple commodity sectors.  
- Amid contrasting public and private sentiments, skepticism grows regarding the sustainability of Gulf sovereign wealth funds' investments in the U.S., as pressures mount on regional economies.

VG Financial

Faced with Reassurances from Gulf Nations, US Investors Are "Deeply Concerned": How Long Can Middle Eastern Economies Last? Does the Middle East Still Have Money to Invest in the US?

Huatai-PB Southern CSOP Saudi Arabia ETF(QDII)(520830.SH)