Al Rajhi Bank largest heavyweight on MT30 with 14.51%; SNB, SABIC follow

14/10/2021 Argaam Special

Tadawul trading screen


The Saudi Exchange (Tadawul) disclosed the top 10 companies on the MSCI Tadawul 30 Index (MT30) by the end of September 2021.

 

The 10 companies accounted for 74.58% of the index weight, compared to 74.47% by the end of June 2021.

 

Al Rajhi Bank topped the list of the largest weighted stocks on the index with 14.51%, with Saudi National Bank (SNB) on the second place with a 14.29%.

 

Oil giant Saudi Aramco secured fourth place with 8.40%, while stc retreated to the fifth rank.

 

SABIC Agri-Nutrients was ranked sixth with a weight of 3.93%.

 

Heavyweights on MT30 Index  

Company 

Weight 

Al Rajhi Bank 

14.51% 

SNB 

14.29% 

SABIC 

12.17 

Saudi Aramco 

8.40 

stc 

8.08

SABIC Agri-Nutrients  

3.93% 

Riyad Bank 

3.87% 

Maaden 

3.83% 

SABB 

2.89% 

BSF 

2.61% 

Total 

74.58%  

 

Sector wise, the financial sector was the heaviest on MT30 with a 45.46% weight, followed by materials (27.45%).

 

Sectors Weights in MT30 Index

Sector

Weight

Financial

45.46%

Materials

27.45%

Telecommunication Services

9.99%

Energy

8.40%

Consumer Staples

3.11%

Utilities

2.38%

Healthcare 

1.91%

Consumer Discretionary

1.31%

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