Falcom Financial rebalances petchem ETF basket

06/04/2020 Argaam

Falcom Financial Services rebalanced the components of the Falcom Petrochemical ETF basket to reflect new market capitalization, the company said in a statement to Tadawul.

 

The rebalancing was carried out today April 6, 2020, the statement added.

 

This came as a result of Tadawul’s announcement on March 23 that the free float shares of the listed companies have been revised.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.