Falcom Financial rebalances petchem ETF basket

06/01/2021 Argaam

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

 

The rebalancing was carried out today, Jan. 6, 2021, the statement added.

 

This came as a result of Tadawul’s announcement on Dec. 28, 2020, that the free float shares of the listed companies have been revised to reflect new market capitalization.

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