Saudi Arabia ETF Contends With Credit Downgrade
October 02, 2019 at 11:33 AM EDT
Once one of this year’s best-performing single-country ETFs, the iShares MSCI Saudi Arabia Capped ETF (NYSEArca: KSA) is clinging to year-to-date gains as it resides about 16% below its 52-week high. The first Saudi Arabia listed in New York is now contending with another headwind: a...