AI Summary
MSCI Inc. disclosed the top 10 companies on the MSCI Tadawul 30 Index (MT30) by the end of September 2020.
The 10 companies accounted for 70.73% of the index weight, compared to 70.63% by the end of June 2020.
Al Rajhi Bank topped the list of the largest weighted stocks on the index with 12.36%, compared to 12.26% in June 2020.
The major petrochemical producer SABIC moved back one notch to the second place with a 12.22% weight, compared to 14.02% in June 2020. Meanwhile, Saudi Aramco came third with 12.13% compared with 6.90% in June.
The list of heavyweights on MT30 Index witnessed no changes in September compared with June:
|
Heavyweight Companies on MT30 Index |
|
|
Company |
Weight |
|
Al Rajhi |
12.36% |
|
SABIC |
12.22% |
|
Saudi Aramco |
12.13% |
|
Saudi Telecom |
9.25% |
|
NCB |
8.39% |
|
Samba |
4.05% |
|
Riyad Bank |
3.86% |
|
BSF |
2.93% |
|
SABB |
2.79% |
|
SAFCO |
2.76% |
|
Total |
70.73% |
Sector wise, the financial sector was the heaviest on MT30 with a 41.75% weight, followed by materials (25.14%).
|
Sectors Weights in MT30 Index |
|
|
Sector |
Weight |
|
Finance |
41.75% |
|
Materials |
25.14% |
|
Telecommunication |
12.65% |
|
Energy |
10.90% |
|
Consumer staples |
3.96% |
|
Public Utilities |
2.20% |
|
Consumer discretionary |
1.69% |
|
Healthcare |
0.94% |
|
Real Estate |
0.76% |
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