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Global index provider FTSE Russell will implement today, Sept. 14, the changes announced as part of its semi-annual index review.
The changes will be effective as of Sept. 18.
They will be implemented today, during the closing auction and trading periods at the closing price, as per the requirements of the global indices managers.
FTSE made changes to Saudi stocks in its indices, as the following table shows:
|
FTSE Russell Changes in Details |
|
|
Company |
Decision |
|
Etihad Etisalat |
Upgraded from FTSE Global Mid Cap Index to FTSE Global All Cap Index |
|
solutions |
Upgraded from FTSE Global Mid Cap Index to FTSE Global All Cap Index |
|
Elm |
Upgraded from FTSE Global Mid Cap Index to FTSE Global All Cap Index |
|
Al Arabia |
Added to FTSE Global Small Cap Index |
|
Riyadh Cables |
Added to FTSE Global Small Cap Index |
|
Jadwa REIT Saudi Fund |
Downgraded from FTSE Global Small Cap Index to FTSE Global Micro Cap Index and excluded from all indices |
|
MEDGULF |
Downgraded from FTSE Global Small Cap Index to FTSE Global Micro Cap Index and excluded from all indices |
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