Four Saudi firms added to MSCI Small-Cap-Index

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RIYADH: US analytics firm MSCI added four Saudi firms to the Small Cap Index in its semi-annual Index Review, raising the number of constituents from the Kingdom to 52, Argaam reported.

The New York-based company added Alkhorayef Water and Power Technologies Co. (AWPT), Astra Industrial Group, Ataa Educational. Co. and National Company for Learning and Education (NCLE).

No company was included in the Leading Companies Index. The total number of Saudi-listed companies under this classification remained unchanged at 34.

All updates will be implemented by the close of trading on Nov. 30, 2021, Argaam said.

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