A trader watching the Tadawul trading screen
FTSE Russell will implement its changes to the Saudi market today, March 25, according to its semi-annual index review.
FTSE Russell will implement its changes to the Saudi market today, March 25, as part of its semi-annual index review.
FTSE made a number of changes to Saudi stocks across its indexes,as shown below:
Details of FTSE Russell Adjustments
Company
Decision
solutions
Downgrade from Large Cap to Mid Cap Index
Electrical Industries
Upgradedfrom Small CaptoMid Cap and Global Standard Index
Al Othaim
Downgrade from Mid Cap Index to Small Cap Index
BinDawood Holding
Downgrade from Mid Cap Index to Small Cap Index
Emaar EC
Downgrade from Mid Cap Index to Small Cap Index
Leejam
Downgrade from Mid Cap Index to Small Cap Index
Qassim Cement
Downgrade from Mid Cap Index to Small Cap Index
Saudi Cement
Downgrade from Mid Cap Index to Small Cap Index
Al Akaria
Downgrade from Mid Cap Index to Small Cap Index
Yamama Cement
Downgrade from Mid Cap Index to Small Cap Index
Almunajem
Downgrade from Small Cap to Microcap Index
City Cement
Downgrade from Small Cap to Microcap Index
MEPCO
Downgrade from Small Cap to Microcap Index
Al Majdiah
Add to Microcap Index (post-IPO)
Build Station
Add to Microcap Index (post-IPO)
OGC
Add to Microcap Index
Saudi Azm
Add to Microcap Index
Tihama
Add to Microcap Index
Raydan
Remove from Microcap Index
Saudi Enaya
Remove from Microcap Index
UCA
Remove from Microcap Index
A trader watching the Tadawul trading screen
FTSE Russell will implement its changes to the Saudi market today, March 25, according to its semi-annual index review.
FTSE Russell will implement its changes to the Saudi market today, March 25, as part of its semi-annual index review.
FTSE made a number of changes to Saudi stocks across its indexes,as shown below:
Details of FTSE Russell Adjustments
Company
Decision
solutions
Downgrade from Large Cap to Mid Cap Index
Electrical Industries
Upgradedfrom Small CaptoMid Cap and Global Standard Index
Al Othaim
Downgrade from Mid Cap Index to Small Cap Index
BinDawood Holding
Downgrade from Mid Cap Index to Small Cap Index
Emaar EC
Downgrade from Mid Cap Index to Small Cap Index
Leejam
Downgrade from Mid Cap Index to Small Cap Index
Qassim Cement
Downgrade from Mid Cap Index to Small Cap Index
Saudi Cement
Downgrade from Mid Cap Index to Small Cap Index
Al Akaria
Downgrade from Mid Cap Index to Small Cap Index
Yamama Cement
Downgrade from Mid Cap Index to Small Cap Index
Almunajem
Downgrade from Small Cap to Microcap Index
City Cement
Downgrade from Small Cap to Microcap Index
MEPCO
Downgrade from Small Cap to Microcap Index
Al Majdiah
Add to Microcap Index (post-IPO)
Build Station
Add to Microcap Index (post-IPO)
OGC
Add to Microcap Index
Saudi Azm
Add to Microcap Index
Tihama
Add to Microcap Index
Raydan
Remove from Microcap Index
Saudi Enaya
Remove from Microcap Index
UCA
Remove from Microcap Index

