Tadawul trading screen
Global index provider FTSE Russell will implement changes to the FTSE Saudi Arabia Inclusion Index Series, based on its 2022 semi-annual review announced on Sept. 1.
FTSE Russel said it will implement changes to the FTSE Saudi Arabia Inclusion Index Series by the close of trading on Friday, Sept. 16.
The following table shows FTSE Russel changes:
Details of Periodic Changes |
|
Company |
Changes |
Etihad Etisalat Co. (Mobily) |
Downgraded from Large to Mid Cap. |
Jabal Omar Development |
Downgraded from Large to Mid Cap. |
Jarir Marketing |
Downgraded from Large to Mid Cap. |
Knowledge Economic City |
Downgraded from Mid to Small Cap, and excluded from Global Standard Index |
SPIMACO |
Downgraded from Mid to Small Cap, and excluded from Global Standard Index |
Elm |
Included in Mid Cap and Global Standard Index |
Alhokair Group |
Excluded from Small Cap and all indices |
FTSE added that these changes will be implemented on Thursday, Sept. 15, instead of Friday as the Saudi Exchange (Tadawul) is closed.
All changes will take effect on Sept. 19.
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