‎FTSE Russell announces semi-annual review of Saudi companies

‎FTSE Russell announces semi-annual review of Saudi companies ‎FTSE Russell announces semi-annual review of Saudi companies

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Global index provider FTSE Russell announced its 2024 semi-annual review of Saudi Arabia Free Index Series, which will take effect on March 24.

FTSE Russel said it will implement changes to the FTSE Saudi Arabia Inclusion Index Series by the close of trading on March 7. Since this date falls on a Friday, the changes in the Saudi market are expected to take place on March 6.

The following table shows FTSE Russel changes:

Details of Periodic Changes

Company

Changes

Al Akaria

Upgradedfrom Small CaptoMid Cap and Global Standard Index

Saudi Re

Included inSmallCap

Herfy

Downgradedfrom Small CaptoMicro Cap

Najran Cement

Downgradedfrom Small CaptoMicro Cap

Northern Cement

Downgradedfrom Small CaptoMicro Cap

Sinad

Downgradedfrom Small CaptoMicro Cap

Al-Jouf Agricultural

Included inMicroCap

Alkhaleej Training

Included inMicroCap

Al Yamamah Steel

Included inMicroCap

Alamar

Included inMicroCap

Alandalus

Included inMicroCap

Al-Babtain

Included inMicroCap

Alsaif Gallery

Included inMicroCap

Alujain

Included inMicroCap

Arabian Pipes

Included inMicroCap

Ataa Educational

Included inMicroCap

Batic

Included inMicroCap

First Mills

Included inMicroCap

Jadwa REIT Saudi

Included inMicroCap

Lumi

Included inMicroCap

Maharah

Included inMicroCap

MEDGULF

Included inMicroCap

Avalon Pharma

Included inMicroCap

Modern Mills

Included inMicroCap

Riyadh Cement

Included inMicroCap

SAIC

Included inMicroCap

Saudi Paper

Included inMicroCap

Saudi Steel Pipe

Included inMicroCap

Sumou

Included inMicroCap

SISCO

Included inMicroCap

Tanmiah

Included inMicroCap

Theeb

Included inMicroCap

Thob Al Aseel

Included inMicroCap

Walaa

Included inMicroCap

Alistithmar REIT

Included inMicroCap (New Subscription)

 

Tadawul trading screen

Global index provider FTSE Russell announced its 2024 semi-annual review of Saudi Arabia Free Index Series, which will take effect on March 24.

FTSE Russel said it will implement changes to the FTSE Saudi Arabia Inclusion Index Series by the close of trading on March 7. Since this date falls on a Friday, the changes in the Saudi market are expected to take place on March 6.

The following table shows FTSE Russel changes:

Details of Periodic Changes

Company

Changes

Al Akaria

Upgradedfrom Small CaptoMid Cap and Global Standard Index

Saudi Re

Included inSmallCap

Herfy

Downgradedfrom Small CaptoMicro Cap

Najran Cement

Downgradedfrom Small CaptoMicro Cap

Northern Cement

Downgradedfrom Small CaptoMicro Cap

Sinad

Downgradedfrom Small CaptoMicro Cap

Al-Jouf Agricultural

Included inMicroCap

Alkhaleej Training

Included inMicroCap

Al Yamamah Steel

Included inMicroCap

Alamar

Included inMicroCap

Alandalus

Included inMicroCap

Al-Babtain

Included inMicroCap

Alsaif Gallery

Included inMicroCap

Alujain

Included inMicroCap

Arabian Pipes

Included inMicroCap

Ataa Educational

Included inMicroCap

Batic

Included inMicroCap

First Mills

Included inMicroCap

Jadwa REIT Saudi

Included inMicroCap

Lumi

Included inMicroCap

Maharah

Included inMicroCap

MEDGULF

Included inMicroCap

Avalon Pharma

Included inMicroCap

Modern Mills

Included inMicroCap

Riyadh Cement

Included inMicroCap

SAIC

Included inMicroCap

Saudi Paper

Included inMicroCap

Saudi Steel Pipe

Included inMicroCap

Sumou

Included inMicroCap

SISCO

Included inMicroCap

Tanmiah

Included inMicroCap

Theeb

Included inMicroCap

Thob Al Aseel

Included inMicroCap

Walaa

Included inMicroCap

Alistithmar REIT

Included inMicroCap (New Subscription)

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