FTSE Russell implements periodic changes to Saudi market today

19/09/2024 Argaam
Tadawul trading screen

Tadawul trading screen


Global index provider FTSE Russell will implement today, Sept. 19, the changes announced as part of its sei-annual index review.

 

The changes will take effect on Sept. 24 and 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 on its indices, as the following table shows:

 

FTSE Russell Changes in Details

Company

Decision

Large Cap Index

Bupa Arabia

Upgraded from the Mid Cap Index to the Large Cap Index

Mid Cap Index

Al Rajhi Takaful

Upgraded from the Small Cap to the Mid Cap and FTSE Global Equity Index

SGS

Upgraded from the Small Cap to the Mid Cap and FTSE Global Equity Index

Jamjoom Pharma

Added to the Mid Cap and FTSE Global Equity Index

Small Cap Index

Southern Cement

Downgraded from the Mid Cap to the Small Cap and Excluded from FTSE Global Equity Index

MIS

Upgraded from the Microcap to the Small Cap Index

Al Rajhi REIT

Upgraded from the Microcap to the Small Cap Index

Alkhorayef

Upgraded from the Microcap to the Small Cap Index

Almunajem

Upgraded from the Microcap to the Small Cap Index

East Pipes

Upgraded from the Microcap to the Small Cap Index

Electrical Industries

Upgraded from the Microcap to the Small Cap Index

GO

Upgraded from the Microcap to the Small Cap Index

MEPCO

Upgraded from the Microcap to the Small Cap Index

NCLE

Upgraded from the Microcap to the Small Cap Index

2P

Upgraded from the Microcap to the Small Cap Index

Retal

Upgraded from the Microcap to the Small Cap Index

SASCO

Upgraded from the Microcap to the Small Cap Index

Mircocap Index

Cenomi Retail

Downgraded from the Small Cap to the Microcap Index

Chemanol

Downgraded from the Small Cap to the Microcap Index

Companies Excluded from Microcap Index on Weak Market Value

Al-Jouf Agricultural

Excluded from the Mircocap Index

Alkhaleej Training

Excluded from the Mircocap Index

Al Yamamah Steel

Excluded from the Mircocap Index

Alamar

Excluded from the Mircocap Index

Alandalus

Excluded from the Mircocap Index

Al-Babtain

Excluded from the Mircocap Index

Alsaif Gallery

Excluded from the Mircocap Index

Alujain

Excluded from the Mircocap Index

Arabian Pipes

Excluded from the Mircocap Index

Ataa

Excluded from the Mircocap Index

Batic

Excluded from the Mircocap Index

First Mills

Excluded from the Mircocap Index

Jadwa REIT Saudi

Excluded from the Mircocap Index

Lumi

Excluded from the Mircocap Index

Maharah

Excluded from the Mircocap Index

MEDGULF

Excluded from the Mircocap Index

SAIC

Excluded from the Mircocap Index

Saudi Paper

Excluded from the Mircocap Index

Saudi Re

Excluded from the Mircocap Index

Saudi Steel Pipe

Excluded from the Mircocap Index

Sumou

Excluded from the Mircocap Index

SISCO

Excluded from the Mircocap Index

Tanmiah Food

Excluded from the Mircocap Index

Theeb

Excluded from the Mircocap Index

Thob Al Aseel

Excluded from the Mircocap Index

Walaa Insurance

Excluded from the Mircocap Index

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