Mubasher TV
Contact Us Advertising   العربية

MSCI adds 30 Saudi companies to EM Index

MSCI adds 30 Saudi companies to EM Index
MSCI Inc said the stocks of 30 Saudi firms will be added
ALMARAI
2280
3.62% 57.20 2.00
SAUDI CEMENT
3030
-6.99% 46.60 -3.50
PETRO RABIGH
2380
-25.85% 7.40 -2.58

SAUDI ELECTRICITY
5110
11.75% 19.78 2.08
Default Company
1050.B
0.00% 0.00 0.00
ETIHAD ETISALAT
7020
10.16% 52.60 4.85

BJAZ
1020
18.91% 20.00 3.18
Default Company
2010.O
0.00% 0.00 0.00
DAR ALARKAN
4300
-8.36% 13.82 -1.26

Default Company
1010.O
0.00% 0.00 0.00
BUPA ARABIA
8210
26.83% 263.80 55.80
Default Company
1140.O
0.00% 0.00 0.00

SAUDI KAYAN
2350
-13.77% 9.02 -1.44
JARIR
4190
-3.29% 14.70 -0.50
TAWUNIYA
8010
31.49% 162.00 38.80

SAMBA
1090
4.62% 38.50 1.70
Default Company
1120.O
0.00% 0.00 0.00
SAB
1060
18.57% 41.50 6.50

Default Company
2050.B
6.03% 37.80 2.15
Default Company
1180.O
0.00% 0.00 0.00
EMAAR EC
4220
13.85% 8.30 1.01

SIIG
2250
4.68% 22.38 1.00
ADVANCED
2330
4.81% 39.20 1.80
Default Company
1211.O
0.00% 0.00 0.00

YANSAB
2290
-1.97% 37.25 -0.75
SABIC AGRI-NUTRIENTS
2020.B
1.52% 133.60 2.00
CATERING
6004
24.48% 131.20 25.80

STC
7010
-4.35% 39.60 -1.80
Default Company
2060.O
0.00% 0.00 0.00

Riyadh – Mubasher: MSCI Inc. has added the MSCI Saudi Arabia index to its emerging-markets index (EM Index), according to MSCI’s semi-annual index review.

The US-based index compiler said the stocks of 30 Saudi firms will be added, accounting for an aggregate weight of 1.42% in the MSCI Emerging Markets Index.

The stocks which will be listed are Advanced PetrochemicalAl Rajhi BankAl marai CoBank AlJaziraBank AlbiladBanque Saudi Fransi (BSF)Bupa Arabia for Cooperative Insurance Companyand The Company for Cooperative Insurance (Tawuniya).

The list of the Saudi securities also includes Dar Alarkan Real Estate Development Company (Dar Alarkan)Emaar The Economic CityEtihad Etisalat Co (Mobily)Jarir Marketing Company, and National Commercial Bank (NCB).

National Industrialization Co (Tasnee)Rabigh Refining and Petrochemical Co. (Petro Rabigh)Riyad BankSamba Financial GroupSaudi Airlines Catering CompanySaudi Arabian Fertilizer Company (SAFCO), and Saudi Arabian Mining Company (Ma’aden) will be also included to the EM Index, the world’s largest index provider noted.

MSCI Inc said that the inclusion also comprises Saudi Basic Industries Corporation (SABIC)The Saudi British Bank (SABB)Saudi Cement Co, Saudi Electricity Co (SEC), Saudi Industrial Investment Group (SIIG)Saudi Kayan Petrochemical CoThe Saudi Telecom Co (STC)Savola GroupYanbu National Petrochemical Company (Yansab), and Alinma Bank.

MSCI Inc conducts its semi-annual review in May and November each year.

In January, MSCI Inc and the Saudi Stock Exchange (Tadawul) launched tradeable index which includes the 30 biggest firms listed on the kingdom’s bourse.