Falcom rebalances Saudi Equity, Petchem ETF baskets

03/01/2018 Argaam

 

Falcom Financial Services has rebalanced the components of the Falcom Saudi Equity ETF basket and Falcom Petrochemical ETF basket, respectively, the company said in separate statements to Tadawul on Wednesday.

 

The aim of the rebalancing is to reflect the new market capitalization following the bourse’s Dec. 31 announcement on the revision of free float shares of listed companies, it added.

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