FTSE Russell implements periodic changes to Saudi market today

15/06/2023 Argaam

FTSE Russell implements periodic changes to Saudi market today

Tadawul trading screen

Global index provider FTSE Russell will implement today, June 15, the changes announced as part of its quarterly index review on May 21, 2023.

 

These changes will be effective as of June 19.

 

FTSE Russell was scheduled to implement its changes by closing on June 16. However, as the date falls on Friday, the changes will be made today, during the closing auction and trading periods at the closing price.

 

FTSE made changes to Saudi stocks in its indices, as the following table shows:

 

FTSE Russell Changes in Details

Company

Decision

Luberef

Added to Mid Cap index and FTSE Global Equity Index

Arabian Drilling

Added to Mid Cap index and FTSE Global Equity Index

MARAFIQ

Added to Mid Cap index and FTSE Global Equity Index

Alsaif Gallery

FTSE Global Microcap Index Series (Micro Cap) and Global Equity Index All-Cap Index

2P

FTSE Global Microcap Index Series (Micro Cap) and Global Equity Index All-Cap Index

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