FTSE Russell announces semi-annual review of Saudi companies

02/09/2023 Argaam

Global index provider FTSE Russell announced its 2022 semi-annual review of Saudi Arabia Free Index Series, which will take effect on Sept. 18. 

 

FTSE Russel said it will implement changes to the FTSE Saudi Arabia Inclusion Index Series by the close of trading on Thursday, Sept. 14. 

 

The following table shows FTSE Russel changes:

 

Details of Periodic Changes

Company

Changes

Etihad Etisalat Co. (Mobily)

Upgraded from Mid Cap to Large Cap

solutions

Upgraded from Mid Cap to Large Cap

Elm

Upgraded from Mid Cap to Large Cap

Al Arabia

Included in Small Cap

Riyadh Cables

Included in Small Cap

Jadwa REIT Saudi

Downgraded from Mid Cap to Micro Cap and excluded from Global Standard Index

MEDGULF

Downgraded from Mid Cap to Micro Cap and excluded from Global Standard Index
 

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