MSCI implements periodic changes to Saudi market today

30/05/2024 Argaam
Logo ofMSCI

Logo of MSCI


MSCI Inc., the provider of research-based indexes and analytics, implements today, May 30, its changes to the Saudi Exchange (Tadawul) according to its quarterly review of indices carried out on May 14.

 

As per the requirements of global index managers, the changes will be implemented today during the closing auction and trade-at-last sessions, as May 31 is a Friday (a day off).

 

SAL Saudi Logistics Services Co. was added to the MSCI Global Standard Index, while seven others were added to Saudi Arabia Small Cap Index, namely Al-Babtain Power and Telecommunication Co., Etihad Atheeb Telecommunication Co., The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF), Middle East Pharmaceutical Industries Co. (Avalon Pharma), Saudi Advanced Industries Co. (SAIC), Middle East Paper Co. (MEPCO) and Walaa Cooperative Insurance Co.

 

Meanwhile, six stocks, namely Amlak International Finance Co., Fawaz Abdulaziz Alhokair Co. (Cenomi Retail), Methanol Chemicals Co. (Chemanol) and Riyad REIT Fund, Saudi Company for Hardware (SACO), and Saudi Arabia Refineries Co. (SARCO), were excluded from the index.

 

Accordingly, the total number of constituents on the MSCI Saudi Arabia Small Cap Index stood at 80, while the number of the companies included in the MSCI Global Standard Index reached 41.

 

The following is the list of Saudi companies included in the MSCI Global Standard Index:

Saudi Stocks on the MSCI Global Standard Index

Saudi Aramco

Al Rajhi Bank

SABIC

stc

Riyad Bank

Saudi Electricity

SRMG

Advanced

Alinma Bank

Almarai

Bank AlJazira

Bank Albilad

Banque Saudi Fransi

Bupa Arabia

Dar Al Arkan

Sipchem

Mobily

Jarir

SNB

SABIC AN

Maaden

SAB

SIIG

Saudi Kayan

Savola Group

Yansab

ANB

Sulaiman Al Habib

Mouwasat

Elm

Tadawul Group

ACWA Power

SAIB

Dallah Healthcare

Nahdi

solutions

Luberef

MARAFIQ

Tawuniya

ADES

SAL

 

The table shows Saudi companies included in the MSCO Saudi Arabia Small Cap Index:

 

MSCI Saudi Arabia Small Cap Index

Saudi Cement 

Alkhorayef Water

Astra 

Ataa 

NCLE 

Aldrees 

Leejam  

Al Akaria 

eXtra 

Seera 

Al Rajhi Takaful 

Zain KSA 

Al Hammadi 

Arabian Cement 

ARDCO 

Sinad Holding 

City Cement 

Dur 

Eastern Cement 

Herfy 

Najran Cement 

NADEC 

Care 

Northern Cement 

Saudi Ceramic 

Saudi Chemical 

SADAFCO 

SPIMACO 

SAPTCO 

Southern Cement 

Saudi German Health 

GASCO 

Yamama Cement 

Yamama Cement 

Yanbu Cement 

Qassim Cement 

Budget Saudi 

Maharah 

SGS 

Jadwa REIT Saudi 

Alujain 

Halwani 

SISCO 

Al-Jouf Agricultural 

MIS 

CATRION

Al Othaim 

Al Arabia  

SASCO 

MEPCO 

Theeb Rent a Car 

Nayifat 

Almunajem 

AMAK 

Bawan

BinDawood Holding 

Aldawaa

Alamar 

Retal 

Tanmiah Food 

Sumou 

SHL 

2P 

Alsaif Gallery 

Emaar EC

Alandalus Property

East Pipes

Electrical Industries

Thob Al Aseel

Jahez

First Mills

Jamjoom Pharma

Al Rajhi REIT

Tasnee

Al-Babtain

GO

MEDGULF

Avalon Pharma

SAIC

SPM

Walaa

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