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Tadawul completes inclusion in FTSE Russell EM index

Tadawul completes inclusion in FTSE Russell EM index
Second phase of implementation will be in June

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced the implementation of the fifth and final tranche inclusion in FTSE Russell as an Emerging Market with an inclusion factor of 25%.

This will be carried out over two phases, the first phase will be effective on 23 March 2020 based on the closing prices of 19 March with 25% of the inclusion factor, according to a statement by the Saudi exchange on Wednesday.

The second phase will be effective in the course of June 2020 with 75% of the inclusion factor.