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:
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Details of Periodic Changes |
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Changes |
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Upgraded from Small Cap to Mid Cap |
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Al Arabia |
Upgraded from Small Cap to Mid Cap |
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Upgraded from Small Cap to Mid Cap |
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Leejam |
Upgraded from Small Cap to Mid Cap |
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Riyadh Cables |
Upgraded from Small Cap to Mid Cap |
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Al-Rajhi Takaful |
Included in Small Cap |
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Yanbu Cement |
Downgraded from Mid Cap to Small Cap |
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Al-Jouf Cement |
Downgraded from Small Cap and Excluded from Index |
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Hail Cement |
Downgraded from Small Cap and Excluded from Index |
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Tabuk Cement |
Downgraded from Small Cap and Excluded from Index |
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