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Global index provider FTSE Russell will implement today, March 14, the changes announced as part of its quarterly index review.
The changes will be effective as of March 18 and 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 added three Saudi stocks to its indices, as the following table shows:
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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 All Cap Index |
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Hail Cement |
Downgraded from Small Cap and Excluded from All Cap Index |
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Tabuk Cement |
Downgraded from Small Cap and Excluded from All Cap Index |
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