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 |
Be the first to comment
Comments Analysis: