FTSE Russell announced the results of the semi-annual reviews of its indices, which included adjustments on the shares of Saudi companies.
According to Arabiya Net, these amendments will start to be implemented from Monday, September 19, 2022.
According to the review, Elm Company was added to the index of medium-capital companies, and the Al Hokair Group company was excluded from the index of small-capital companies.
The review indicated the downgrading of 3 companies from the index of large-cap companies to the index of medium-capital companies, namely Etihad Mobily, Jabal Omar Development and Jarir Company.
The classification of Knowledge Economic City was reduced from the index of medium-capital companies to the index of small-capital companies, as well as the share of Spimaco Pharmaceuticals.
