FTSE Russell announces quarterly review of Saudi companies

28/02/2024 Argaam

FTSE Russell announces quarterly review of Saudi companies


Global index provider FTSE Russell announced its quarterly review of Saudi Arabia Free Index Series, which will take effect on March 18. 

 

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

 

The following table shows FTSE Russel changes:

 

Details of Periodic Changes

Company 

 

Changes

Aldrees 

 

Upgraded from Small Cap to Mid Cap

Al Arabia

 

Upgraded from Small Cap to Mid Cap

Astra 

 

Upgraded from Small Cap to Mid Cap

Leejam

 

Upgraded from Small Cap to Mid Cap

Riyadh Cables

 

Upgraded from Small Cap to Mid Cap

Al-Rajhi Takaful

 

Included in Small Cap

Yanbu Cement

 

Downgraded from Mid Cap to Small Cap

Al-Jouf Cement

 

Downgraded from Small Cap and Excluded from Index

Hail Cement

 

Downgraded from Small Cap and Excluded from Index

Tabuk Cement

 

Downgraded from Small Cap and Excluded from Index

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