FTSE Russell announces semi-annual review of Saudi companies

24/02/2025 Argaam
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Global index provider FTSE Russell announced its 2024 semi-annual review of Saudi Arabia Free Index Series, which will take effect on March 24. 

 

 FTSE Russel said it will implement changes to the FTSE Saudi Arabia Inclusion Index Series by the close of trading on March 7. Since this date falls on a Friday, the changes in the Saudi market are expected to take place on March 6.
 

 The following table shows FTSE Russel changes:

 

Details of Periodic Changes

Company

Changes

Al Akaria

Upgraded from Small Cap to Mid Cap and Global Standard Index

Saudi Re

Included in Small Cap

Herfy

Downgraded from Small Cap to Micro Cap

Najran Cement

Downgraded from Small Cap to Micro Cap

Northern Cement

Downgraded from Small Cap to Micro Cap

Sinad

Downgraded from Small Cap to Micro Cap

Al-Jouf Agricultural

Included in Micro Cap

Alkhaleej Training

Included in Micro Cap

Al Yamamah Steel

Included in Micro Cap

Alamar

Included in Micro Cap

Alandalus

Included in Micro Cap

Al-Babtain

Included in Micro Cap

Alsaif Gallery

Included in Micro Cap

Alujain

Included in Micro Cap

Arabian Pipes

Included in Micro Cap

Ataa Educational

Included in Micro Cap

Batic

Included in Micro Cap

First Mills

Included in Micro Cap

Jadwa REIT Saudi

Included in Micro Cap

Lumi

Included in Micro Cap

Maharah

Included in Micro Cap

MEDGULF

Included in Micro Cap

Avalon Pharma

Included in Micro Cap

Modern Mills

Included in Micro Cap

Riyadh Cement

Included in Micro Cap

SAIC

Included in Micro Cap

Saudi Paper

Included in Micro Cap

Saudi Steel Pipe

Included in Micro Cap

Sumou

Included in Micro Cap

SISCO

Included in Micro Cap

Tanmiah

Included in Micro Cap

Theeb

Included in Micro Cap

Thob Al Aseel

Included in Micro Cap

Walaa

Included in Micro Cap

Alistithmar REIT

Included in Micro Cap (New Subscription)

 


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