Falcom Financial rebalances petchem ETF basket

06/04/2020 Argaam

Falcom Financial Services rebalanced the components of the Falcom Petrochemical ETF basket to reflect new market capitalization, the company said in a statement to Tadawul.

 

The rebalancing was carried out today April 6, 2020, the statement added.

 

This came as a result of Tadawul’s announcement on March 23 that the free float shares of the listed companies have been revised.

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