FTSE Russell announces semi-annual review of Saudi Arabia Free Index

01/09/2022 Argaam
Tadawul trading screen

Tadawul trading screen

Global index provider FTSE Russell announced its 2022 semi-annual review of Saudi Arabia Free Index Series, which will take effect on Sept. 19.

 

FTSE Russel said it will implement changes to the FTSE Saudi Arabia Inclusion Index Series by the close of trading on Friday, Sept. 16.

 

These changes will be implemented on Thursday, Sept. 15 instead of Friday as the Saudi Exchange (Tadawul) is closed.

 

The following table shows FTSE Russel changes:

 

Details of Periodic Changes

Company

Changes

Etihad Etisalat Co. (Mobily)

Downgraded from Large Cap to Mid Cap.

Jabal Omar Development

Downgraded from Large Cap to Mid Cap.

Jarir Marketing

Downgraded from Large Cap to Mid Cap.

Knowledge Economic City

Downgraded from Mid Cap to Small Cap, and excluded from Global Standard Index

SPIMACO

Downgraded from Mid Cap to Small Cap, and excluded from Global Standard Index

Elm

Included in Mid Cap and Global Standard Index

Alhokair Group

Excluded from Small Cap and all indices
 

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