FTSE Semi-Annual Index Review will Be Effective on 19
September 2019
September 16, 2019
Qatar Stock Exchange would like to announce that the results of FTSE
Semi-Annual Index Review published on 23rd August
2019 will be effective on 19th September 2019, after
the close.
The details of the semi-annual review are as follows:
First: Reclassifications
·
Qatar
Fuel: reclassified from FTSE Mid Cap Index to Large Cap Index
·
Barwa
Real Estate: from Large Cap to Mid Cap
·
Al
Meera: from Mid Cap to Small Caps
Second: Additions & Deletions
·
Salam
International: Addition to FTSE Micro Cap Index
·
Qatar-Oman Investment Company: Addition to FTSE Micro Cap Index
·
Islamic Holding Group: Deletion from FTSE Micro Cap Index
·
Qatar
National Navigation & Transport Deletion from FTSE Micro Cap
Index
It is worth mentioning that inclusion and reclassification in global
indices is subject to various criteria, the most important of
which are the size of the company's investable capital and
market capitalization, liquidity and turnover rates.
These Periodic index reviews, including companies’
reclassifications, additions and deletions, carried out by
international index providers are among the main factors
influencing the investment appetite of international investors
and portfolio managers. Because of the periodic review process,
the reclassified, added or deleted companies usually witness
significant activity on their shares.
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