FTSE Russell implements periodic changes to Saudi market today

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Global index provider FTSE Russell will implement today, Sept. 14, the changes announced as part of its semi-annual index review.

 

The changes will be effective as of Sept. 18.

 

They will be implemented today, during the closing auction and trading periods at the closing price, as per the requirements of the global indices managers.

 

FTSE made changes to Saudi stocks in its indices, as the following table shows:

 

FTSE Russell Changes in Details

Company

Decision

Etihad Etisalat

Upgraded from FTSE Global Mid Cap Index to FTSE Global All Cap Index

solutions

Upgraded from FTSE Global Mid Cap Index to FTSE Global All Cap Index

Elm

Upgraded from FTSE Global Mid Cap Index to FTSE Global All Cap Index

Al Arabia

Added to FTSE Global Small Cap Index

Riyadh Cables

Added to FTSE Global Small Cap Index

Jadwa REIT Saudi Fund

Downgraded from FTSE Global Small Cap Index to FTSE Global Micro Cap Index and excluded from all indices

MEDGULF 

Downgraded from FTSE Global Small Cap Index to FTSE Global Micro Cap Index and excluded from all indices

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