Saudi stocks in focus as FTSE Russell implements its semi-annual review
Global index provider FTSE Russell announced its semi-annual review of indexes, effective as of Sept. 22.
The changes will be implemented at market close on Sept. 19. Since that date falls on a Friday, the adjustments in the Saudi market are expected to be applied on Thursday, Sept. 18, 2025.
FTSE made a number of changes to Saudi stocks across its indexes, as shown below:
Details of FTSE Russell amendments
Company
Decision
Bupa
Downgrade from Large Cap to Mid Cap Index
Jabal Omar
Add to Mid Cap and Global All Cap Index
Makkah Construction
Add to Mid Cap and Global All-Cap Index
Taiba
Add to Mid Cap and Global All Cap Index
Masar
Add to Mid Cap Index (post-IPO) and Global All Cap Index
Derayah
Add to Small Cap Index (post-IPO)
Jahez
Add to Small Cap Index (after previous failure to meet trading volume for 3 months)
Rasan
Add to Small Cap Index (after previous failure to meet minimum market cap requirements)
Budget Saudi
Downgrade from Small Cap to Micro Cap Index
Entaj
Add to Micro Cap Index (post-IPO)
Banan Real Estate
Add to Micro Cap Index
Knowledge Economic City
Add to Micro Cap Index
Raoom Trading
Add to Micro Cap Index
Saudi Cables
Add to Micro Cap Index (after previous failure to meet liquidity requirements)
Burgerizzr
Add to Micro Cap Index (after previous failure to meet 3-month trading activity)
Gulf General
Remove from Micro Cap Index (after failure to meet minimum market cap requirements)
Saudi stocks in focus as FTSE Russell implements its semi-annual review
Global index provider FTSE Russell announced its semi-annual review of indexes, effective as of Sept. 22.
The changes will be implemented at market close on Sept. 19. Since that date falls on a Friday, the adjustments in the Saudi market are expected to be applied on Thursday, Sept. 18, 2025.
FTSE made a number of changes to Saudi stocks across its indexes, as shown below:
Details of FTSE Russell amendments
Company
Decision
Bupa
Downgrade from Large Cap to Mid Cap Index
Jabal Omar
Add to Mid Cap and Global All Cap Index
Makkah Construction
Add to Mid Cap and Global All-Cap Index
Taiba
Add to Mid Cap and Global All Cap Index
Masar
Add to Mid Cap Index (post-IPO) and Global All Cap Index
Derayah
Add to Small Cap Index (post-IPO)
Jahez
Add to Small Cap Index (after previous failure to meet trading volume for 3 months)
Rasan
Add to Small Cap Index (after previous failure to meet minimum market cap requirements)
Budget Saudi
Downgrade from Small Cap to Micro Cap Index
Entaj
Add to Micro Cap Index (post-IPO)
Banan Real Estate
Add to Micro Cap Index
Knowledge Economic City
Add to Micro Cap Index
Raoom Trading
Add to Micro Cap Index
Saudi Cables
Add to Micro Cap Index (after previous failure to meet liquidity requirements)
Burgerizzr
Add to Micro Cap Index (after previous failure to meet 3-month trading activity)
Gulf General
Remove from Micro Cap Index (after failure to meet minimum market cap requirements)

