IMPACT OF CURRENT INDICATOR FUNDS ON THE PERFORMANCE OF THE SAUDI STOCK MARKET FOR THE PERIOD (2020-2024)

Abstract

      The purpose of this study is to show the relationship between the current index funds and the stock market, which was represented by the general index of the Saudi stock market, using the self-degradation model of the distribution of ARDL for the period 2020-2024. The main findings of the study are the strong and moral inverse relationship in the long and short term between the PYP Trade Trust Fund and the general index of the Saudi stock market, and the strong and moral inverse presence between the PY and TASI Stock Trust Fund and the other variables of the HSBC Fund. We have noted that there is no relationship between it and the TASI index, which means that this type of fund is affected by special factors outside the financial market or by what is known as irregular risks.