Al Rajhi Bank tops MSCI Tadawul 30 Index heavy weights
The MSCI Tadawul 30 Index, which was jointly launched by MSCI and the Saudi Stock Exchange Co. (Tadawul), is based on the MSCI Saudi Arabia Investable Market Index (IMI) that represents the performance of large, mid and small-cap stocks of the Saudi Arabia equity market.
The Index targets the top 30 securities, listed on the Saudi Main Equity Market, based on free float market capitalization with capping criteria, and is designed to be able to serve as the basis for financial products including derivatives and ETPs.
The MSCI Tadawul 30 Index was launched on Dec 05, 2018. Data prior to the launch date is back-tested data. The base date of the index is 26th November 2013.
The index closed on Jan. 31 at 1258 points.
MT30 |
||
Year |
Close (points) |
Change |
2013* |
1022 |
2%+ |
2014 |
975 |
(5%) |
2015 |
882 |
(10%) |
2016 |
948 |
7%+ |
2017 |
988 |
4%+ |
2018 |
1141 |
15%+ |
31 Jan. |
1258 |
10%+ |
TOP 10 CONSTITUENTS (DECEMBER 31, 2018) |
|
Company |
Index weight |
Al Rajhi Bank |
14.41 % |
SABIC |
14.20 % |
NCB |
11.88 % |
STC |
7.60 % |
SAMBA |
6.37 % |
Riyad Bank |
4.92 % |
Maaden |
4.17 % |
Alinma Bank |
3.49 % |
SAFCO |
2.99 % |
Yansab |
2.97 % |
Total |
73.01 % |
Sector weights |
|
Sector |
Weight |
Financials |
47.79 % |
Materials |
31.59 % |
Communication |
8.89 % |
Consumer staples |
3.93 % |
Public utilities |
2.61 % |
Consumer Discretionary |
1.85 % |
Real Estate |
0.99 % |
Energy |
0.86 % |
Health care |
0.82 % |
Industrials |
0.67 % |
According to data compiled by Argaam, in 2015, MSCI launched the MSCI Saudi Arabia Domestic Index to measure the performance of the large and small-cap segments of the Saudi market, currently covering 30 leading constituents and 39 small capital constituents.
MSCI Saudi Arabia Index – Leading Companies Index |
Al Rajhi Bank |
SABIC |
NCB |
Riyad Bank |
SAMBA |
STC |
Alinma |
BSF |
Maaden |
SABB |
Jarir |
Kayan |
SAFCO |
Yansab |
SEC |
Aljazira |
Savola |
Almarai |
Dar Al Arkan |
Advanced |
Albilad |
Bupa |
Tawuniya |
Emaar Economic City |
Catering |
Saudi Cement |
SIIG |
Mobily |
Tasnee |
Petro Rabigh |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}