FTSE Russell implements periodic changes in Saudi market today

A trader watching the Tadawul trading screen
FTSE Russell will implement its changes to the Saudi market today, March 25, as part of its semi-annual index review.
The changes will be effective today during the closing auction and trading periods at the closing price, as required by the global index managers.
Details of FTSE Russell Adjustments
|
Company |
Decision |
|
solutions |
Downgrade from Large Cap to Mid Cap Index |
|
Electrical Industries |
Upgraded from Small Cap to Mid 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 |
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