Saudi Stocks Jump Most Since 2020 Before Market Liberalization

Saudi stocks are heading for their best month in five years, finding support from a rally in broader emerging markers, rising commodity prices and the kingdom’s looming loosening of foreign investment rules.

The Tadawul All Share Index has climbed 9% in January, on track for its biggest monthly advance since November 2020, albeit slightly underperforming an 11% gain by the MSCI emerging-market equity benchmark.