The availability of Arabian stock markets for international investment and trading has sent ripples. There is a major economic shift awaiting due to the numerous opportunities that are to be had because of the allowing of foreign trading in the gulf region.
As it is commonly known that the stock market and forex trading are one of the fastest ways to get rich. What better to invest in than the major countries who are responsible for supplying most of the world’s oil.
Oil is no doubt the black gold on which the economic market is currently dependant on. Oil prices impact on every stock in the market, they lead to political tensions and even wars and invasions. Why is petroleum this important? Maybe because the majority of the world uses crude oil and fossil fuel for their commercial usage. From our stoves to furnaces in large companies, fossil fuel is a major component, and without it, progress stops.
Although most of the world has progressed to a cleaner form of energy it is unfortunate to say that some parts are still 100% dependant on fossil fuels and use crude oil and its derivatives as the primary source of their energy because it is one of the oldest and cheapest methods to produce energy without paying any heed to the environmental damages the burning of this fuel and its extraction are exerting.
No doubt Saudi Arabia is responsible for the majority of the oil that goes around the world, they control the market on which our homes and industries run. Saudi government releases that oil is not a renewable resource and will eventually run out one day, which is why they have focused on a far more profiting and slower way of bringing foreign currency into their country, i.e. Stock trading.
The opening of the Saudi stock market to the world has made it possible for people to invest in the stocks and this has proven to be profitable to the investors as well as the country.
The Tadawul Index is the controller of the Saudi Stock market and constitutes of all the primary company stocks in the Saudi market. The introduction of foreign currency has raised the tadawul index has risen gracefully and continues to rise day by day.
Since the Saudi stock market has become opened recently, so there is much room for cheaper stocks right now, it is best to invest now as the market is in its baby steps and still learning to adapt to the major traffic to which it wasn’t aware of before. Under such circumstances, it is absolutely necessary to keep track of the stock elevations and depressions if one is keen on trading these stocks. If you’re interested to know more about the Tadawul index, go to the Arab trading forum where you can find the latest discussions from real traders and it proves to be beneficial for a person willing to invest in not just in Saudi stocks but even other relevant markets in the Arab region.
Bottom line? The Saudi market is stabilizing slowly, but once it does, the stocks are predicted to rise sky-high. Hence this may be the best time to buy some Saudi stocks!
