REMINDER ANNOUCEMENT IN REGARDS TO THE RECLASSIFICATION OF THREE LISTED COMPANIES BASED ON (GICS)

Sunday, July 09, 2017 at 8:04 AM

Sun Jul 9, 2017 08:04

In reference to our previous announcement regarding the reclassification of three listed companies in the main Equity market by the Classification Owner based on the Global Industry Classification Standard (GICS), the Saudi Stock Exchange Company (Tadawul) announces implementation of these company reclassifications starting from today Sunday 09/07/2017. 
The following three companies have been reclassified as follows:
-    Reclassification of National Industrialization Co. (TASNEE) from Capital Goods to Materials; 
-    Reclassification of Saudi Industrial Services Co. (SISCO) from Capital Goods to Transportation; 
-    Reclassification of Saudi Chemical Co. (Chemical) from Materials to Health Care Equipment and Services. 
For more details on the new classifications of the above mentioned companies, please click here 
For more information and FAQs on the new industry classification standard, please click here.