‎MSCI updates Saudi firms in periodic index review

‎MSCI updates Saudi firms in periodic index review ‎MSCI updates Saudi firms in periodic index review

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Index provider MSCI excludedMouwasat Medical Services Co., Saudi Logistics Services Co. (SAL), Saudi Tadawul Group Holding Co., and Bank AlJazira from its MSCI Global Standard Indexduring its periodic review. However, they were added to the MSCI Small Cap Index.

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Meanwhile, Arabian Internet and Communications Services Co. (solutions)was removed from the global index.

Moreover, Advanced Building Industries Co. (SENAAT), Rabigh Refining and Petrochemical Co. (Petro Rabigh), Ataa Educational Co., Middle East Pharmaceutical Industries Co. (Avalon Pharma), Jadwa REIT Saudi Fund, Modern Mills Co.and Miahona Co. were removed from the MSCI Small Cap Index.

The number of companies listed on the MSCI Small Cap and MSCI Global Standard indices reached 81 and 29, respectively.

MSCI will implement the changes by the close of trading on Aug. 31.

 

Logo ofMSCI

Index provider MSCI excludedMouwasat Medical Services Co., Saudi Logistics Services Co. (SAL), Saudi Tadawul Group Holding Co., and Bank AlJazira from its MSCI Global Standard Indexduring its periodic review. However, they were added to the MSCI Small Cap Index.

Meanwhile, Arabian Internet and Communications Services Co. (solutions)was removed from the global index.

Moreover, Advanced Building Industries Co. (SENAAT), Rabigh Refining and Petrochemical Co. (Petro Rabigh), Ataa Educational Co., Middle East Pharmaceutical Industries Co. (Avalon Pharma), Jadwa REIT Saudi Fund, Modern Mills Co.and Miahona Co. were removed from the MSCI Small Cap Index.

The number of companies listed on the MSCI Small Cap and MSCI Global Standard indices reached 81 and 29, respectively.

MSCI will implement the changes by the close of trading on Aug. 31.

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