5 Saudi companies added to FTSE indices

21/05/2023 Argaam

5 Saudi companies added to FTSE indices


Global index provider FTSE Russell will implement the changes announced as part of its quarterly index review, effective as of June 19, 2023.

 

FTSE Russell was scheduled to implement its changes by the close of June 16. However, as the date falls on Friday, the changes will be made on Thursday, June 15. 

 

FTSE added five Saudi stocks to its indices, as the following table shows:

 

FTSE Russell Changes in Details

Company

Decision

Luberef

Added to Mid Cap index and FTSE Global Equity Index

Arabian Drilling

Added to Mid Cap index and FTSE Global Equity Index

MARAFIQ

Added to Mid Cap index and FTSE Global Equity Index

Alsaif Gallery

FTSE Global Microcap Index Series (Micro Cap) and Global Equity Index All-Cap Index

2P

FTSE Global Microcap Index Series (Micro Cap) and Global Equity Index All-Cap Index

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