MSCI adds 7 Saudi companies to its indices, drops 3

14/05/2025 Argaam
Logo ofMSCI

Logo of MSCI 


Index provider MSCI added Jabal Omar Development Co. and Makkah Construction and Development Co. (MCDC) to its MSCI Global Standard Index during its periodic review.

 

Mouwasat Medical Services Co., Arabian Drilling Co. (ADC), Knowledge Economic City Co. (KEC), Nice One Beauty Digital Marketing Co. and United International Holding Co. (UIHC) were also added to the MSCI Saudi Arabia Small Cap Index.

 

However, it removed Al-Jouf Agricultural Development Co. (JADCO), Herfy Food Services Co. and Sinad Holding Co. from the MSCI Small Cap Index. 

 

Last January, the Capital Market Authority (CMA) granted permission for foreign investors to invest in Saudi-listed companies on the Saudi stock market that own permanent or temporary real estate within the boundaries of Makkah and Madinah. These companies are Jabal Omar, MCDC, and KEC.

 

Accordingly, the total number of constituents on the MSCI Saudi Arabia Small Cap Index reached 42, while companies included in the MSCI Global Standard Index stood at 90.

 

MSCI will implement the changes by the close of trading on May 30.

 

Companies included MSCI Global Standard Index

Saudi Aramco

Al Rajhi Bank

SABIC

stc

Riyad Bank

Saudi Electricity

SRMG

Alinma Bank

Almarai

Bank AlJazira

Bank Albilad

BSF

Bupa Arabia

Dar Al Arkan

Sipchem

Mobily

Jarir

SNB

SABIC AN

Maaden

SAB

SIIG

Saudi Kayan

Savola

Yansab

ANB

Sulaiman Al Habib

Mouwasat

Elm

Tadawul Group

ACWA Power

SAIB

Dallah Healthcare

Nahdi

solutions

Luberef

Tawuniya

ADES

SAL

Al Rajhi Takaful

Jabal Omar

Makkah Construction

 

Below is the list of MSCI Saudi Arabia Small Cap Index companies:

 

MSCI Saudi Arabia Small Cap Index

Saudi Cement

Alkhorayef Water

Astra

Ataa Educational

NCLE

Aldrees

Leejam

Al Akaria

eXtra

Seera

Al Hammadi

Arabian Cement

Riyadh Development

City Cement

Dur Hospitality

Eastern Cement

NADEC

Care

Northern Cement

Saudi Ceramics

Saudi Chemical

SADAFCO

SPIMACO

SAPTCO

Southern Cement

Saudi German Health

GASCO

Yamama Cement

Yanbu Cement

Qassim Cement

Budget Saudi

Maharah

SGS

Jadwa REIT Saudi

Alujain

Halwani

SISCO

MIS

CATRION

Al Othaim

Al Arabia

SASCO

MEPCO

Theeb

Nayifat

Almunajem

AMAK

Bawan

BinDawood Holding

Aldawaa

Alamar

Retal

Tanmiah

Sumou

2P

Alsaif Gallery

Emaar EC

Alandalus

East Pipes

Electrical Industries

Thob Al Aseel

Jahez

First Mills

Jamjoom Pharma

Al Rajhi REIT

Tasnee

Lumi

Saudi Re

Saudi Steel Pipe

Al-Babtain

GO

MEDGULF

Avalon Pharma

SAIC

Saudi Paper

Walaa Insurance

Cenomi Centers

Modern Mills

Miahona

Rasan

Riyadh Cement

SMASCO

Zain KSA

Advanced

Almajed Oud

Mouwasat

Nice One

UIHC

Arabian Drilling

KEC

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.