FTSE Russell announces semi-annual review of some Saudi companies
Saudi stocks in focus as FTSE Russell implements its semi-annual review
Global index provider FTSE Russell announced its semi-annual review of indexes, effective as of Sept. 22.
The changes will be implemented at market close on Sept. 19. Since that date falls on a Friday, the adjustments in the Saudi market are expected to be applied on Thursday, Sept. 18, 2025.
FTSE made a number of changes to Saudi stocks across its indexes, as shown below:
|
Details of FTSE Russell Review |
|
|
Company |
Decision |
|
Bupa |
Downgrade from Large Cap to Mid Cap Index |
|
Jabal Omar |
Add to Mid Cap and Global All Cap Index |
|
Makkah Construction |
Add to Mid Cap and Global All-Cap Index |
|
Taiba |
Add to Mid Cap and Global All Cap Index |
|
Masar |
Add to Mid Cap Index (post-IPO) and Global All Cap Index |
|
Derayah |
Add to Small Cap Index (post-IPO) |
|
Jahez |
Add to Small Cap Index (after previous failure to meet trading volume for 3 months) |
|
Rasan |
Add to Small Cap Index (after previous failure to meet minimum market cap requirements) |
|
SAPTCO |
Downgrade from Small Cap to Micro Cap Index |
|
Entaj |
Add to Micro Cap Index (post-IPO) |
|
Banan Real Estate |
Add to Micro Cap Index |
|
Knowledge Economic City |
Add to Micro Cap Index |
|
Raoom Trading |
Add to Micro Cap Index |
|
Saudi Cables |
Add to Micro Cap Index (after previous failure to meet liquidity requirements) |
|
Burgerizzr |
Add to Micro Cap Index (after previous failure to meet 3-month trading activity) |
|
Gulf General |
Remove from Micro Cap Index (after failure to meet minimum market cap requirements) |