KSA Stock Summary and Trading Ideas (iShares Trust iShares MSCI Saudi Arabia ETF | ARCA:KSA)

The iShares MSCI Saudi Arabia ETF seeks to track the investment results of a broad-based index composed of Saudi Arabian equities. The MSCI Saudi Arabia IMI 25/50 Index is designed to measure the performance of the large, mid and small cap segments of theSaudi Arabia market. The index incorporates foreign ownership limit restrictions. It also applies certain investment limits that areimposed on regulated investment companies, or RICs, under the current US Internal Revenue Code. With 57 constituents, the index coversapproximately 99% of the free float-adjusted market capitalization in Saudi Arabia.

iShares Trust iShares MSCI Saudi Arabia ETF trades on the ARCA stock market under the symbol KSA.

As of January 17, 2025, KSA stock price climbed to $41.93 with 135,877 million shares trading.

KSA has a market cap of $645.72 million. This is considered a Small Cap stock.

In the last 3 years, KSA traded as high as $51.12 and as low as $35.78.

KSA has underperformed the market in the last year with a return of +1.9%, while the SPY ETF gained +28.0%. In the last 3 month period, KSA fell short of the market, returning +2.7%, while SPY returned +3.0%. However, in the most recent 2 weeks KSA has outperformed the stock market by returning +1.7%, while SPY returned +1.0%.

KSA support price is $41.47 and resistance is $42.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KSA shares will trade within this expected range on the day.