Tadawul Announces Completion of Inclusion in the MSCI Emerging Markets Index
Thursday, August 29, 2019 at 3:42 PM
Thu Aug 29, 2019 15:42
The Saudi Stock Exchange (Tadawul) announces successfully completing its full inclusion into the MSCI Emerging Markets Index, which brings the Kingdom’s weighting to 2.8 % of the index’s total market capitalization, with 31 Saudi listed companies included the Index.
Inclusion to the index were phased in two tranches with a 50% inclusion factor for each, where the implementation of the first tranche took place in May 28, 2019 and implementation of the second tranche occurred in August 28, 2019.
For more details, please access the press release here.