Tadawul's inclusion in FTSE, S&P indices begins on March 18

12/03/2019 Argaam

The Saudi Stock Exchange (Tadawul) on Tuesday said that the inclusion of the first tranche of FTSE Russell and S&P DJI indices will take place on March 18 based on the closing prices as of March 14.

 

The first tranche in FTSE index among the overall five tranches shall be executed with an inclusion factor of 10 percent.

 

Saudi Arabia will be included in S&P DJI Emerging Market indices in two tranches with a 50 percent float-adjusted market cap (FMC) in the first tranche.

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