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MSCI adds Bank Aljazira to Large Cap Index

MSCI adds Bank Aljazira to Large Cap Index
The MSCI EM index removed removed Arab National Bank from the MSCI EM Large Cap Index
ALKHODARI
1330
-6.26% 5.39 -0.36
SEERA
1810
-0.67% 17.76 -0.12
SPCC
3050
2.54% 56.50 1.40

ALHOKAIR
4240
0.00% 21.14 0.00
ALYAMAMAH STEEL
1304
0.43% 18.48 0.08
ANB
1080
2.17% 25.90 0.55

BJAZ
1020
0.14% 14.82 0.02
ZAMIL INDUST
2240
-0.74% 16.00 -0.12

Riyadh – Mubasher: The semi-annual review of the MSCI Emerging Market (EM) index revealed that the addition of Saudi Arabia-based Bank Aljazira to the MSCI EM Large Cap Index.

On the other hand, the index compiler removed Arab National Bank, Southern Province Cement Co, and Altayyar Travel Group from the MSCI EM Large Cap Index, according to a statement late on Tuesday.

As for the MSCI EM Small Cap Index, Altayyar Travel Group, Fawaz Abdulaziz Alhokair Co, and Southern Province Cement Co were added, while Abdullah Abdul Mohsen Al Khodari Sons, Al Yamamah Steel Industries Co, Bank Aljazira, and  Zamil Industrial Investment Co were removed.