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Global index provider FTSE Russell said it will implement changes to the FTSE Saudi Arabia Inclusion Index Series during the semi-annual review for September 2020.
All constituent changes will become effective on Monday, Sept. 21, or after the close of business on Friday, Sept. 18.
As Friday is the beginning of weekend in Saudi Arabia, the changes are expected to be implemented on Thursday, Sept. 17.
According the index compiler, shares of Saudi British Bank (SABB), Sulaiman Al Habib Medical Services Group, and Saudia Dairy and Foodstuff Co. (SADAFCO) were added to the index.
FTSE also implemented some changes to FTSE Saudi Arabia Large Cap Index, FTSE Saudi Arabia Mid Cap Index and FTSE Saudi Arabia Small Cap Index.
FTSE effective changes |
|
Excluded stocks |
Added stocks |
FTSE Global All Cap Saudi Arabia Inclusion Index |
|
-- |
SABB |
-- |
Sulaiman Al Habib |
-- |
SADAFCO |
FTSE Saudi Arabia Large Cap Index |
|
Petro Rabigh |
SABB |
-- |
Sulaiman Al Habib |
-- |
Mobily |
FTSE Saudi Arabia Mid Cap Index |
|
Mobily |
Petro Rabigh |
-- |
SADAFCO |
FTSE Saudi Arabia Small Cap Index |
|
SADAFCO |
Jadwa REIT Saudi Fund |
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