FTSE Russell announces quarterly review
Changes will reflect on Tadawul on Sept. 17
Global index provider FTSE Russell announced its quarterly review of Saudi Arabia Free Index Series, which will take effect on Sept. 21.
Changes will be implemented to the FTSE Saudi Arabia Inclusion Index Series by the close of trading on Sept. 18. However, as this date will mark a weekend, changes will reflect on the Saudi Exchange (Tadawul) on Sept. 17.
The following table shows FTSE Russel changes:
|
Details of Periodic Changes |
|
|
Company |
Change |
|
Rasan |
Upgraded to Mid-cap and FTSE Global Equity Index |
|
Al Arabia |
Downgraded from Mid-Cap to Small-Cap Index |
|
2P |
Downgraded from Small-Cap to MicroCap Index |
|
Alwasail |
Included in the MicroCap and FTSE Global Equity Index |
|
CMCER |
Included in the MicroCap and FTSE Global Equity Index |
|
GAS |
Included in the MicroCap and FTSE Global Equity Index |
|
Nofoth |
Included in the MicroCap and FTSE Global Equity Index |
|
Saleh Al Rashed |
Included in the MicroCap and FTSE Global Equity Index |
|
ACIG |
Excluded from the MicroCap Index (for failure to achieve the market capitalization necessary for investment) |
|
Thimar |
Excluded from the MicroCap Index (for failure to achieve the market capitalization necessary for investment) |
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