FTSE Russell includes BinDawood to index in quarterly review

30/05/2021 Argaam

Logo of BinDawood Holding Co.

FTSE Russell, the provider of research-based indexes and analytics, announced the results of its Quarterly Index Review.

 

The global index compiler added BinDawood Holding Co. to the mid-cap index, FTSE Global Large and Mid-Cap Index, and the Large, Mid and Small Cap Saudi Arabian Index. 

 

All changes will be implemented as of Friday, June 18, 2021, and will be effective as of Monday, June 21, 2021.

 

However, as Friday marks the weekend in the Saudi market, changes are expected to be implemented as of Thursday, June 17, 2021.

 

Shares of BinDawood started trading in Tadawul as of Oct. 21, 2020.

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