The second tranche of the fifth phase of Saudi Arabia's inclusion in FTSE Russell Emerging Market Index will start on June 22, 2020.

 

The fifth phase has been divided into 2 tranches; the first will be with an inclusion factor of 25%, while the second will be effective in June 2020 with an inclusion factor of 75%.

 

Accordingly, FTSE Russell said Saudi Aramco’s weight in its Emerging Market Index will increase from 0.51% to 0.63%.

 

Stages of Including Tadawul into FTSE Emerging Market Index

Tranches

1st tranche

2nd tranche

3rd tranche

4th tranche

5th tranche

Review date

March 18, 2019

May 1, 2019

June 24, 2019

Sept. 23, 2019

March 23, 2020

June 2020

Tranche size

10 %

15 %

25 %

25 %

25 %

25%

75%

Total

10 %

25 %

50 %

75 %

81.25 %

100%

Non-active investments*

1.8

2.7

4.5

4.5

1.12

3.38

*SAR bln

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