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.
Source:
Mubasher