Saudi Aramco stock to get boost from inclusion in global indexes, analysts say

in thenational.ae : Saudi Aramcos stock will be included in the MSCI on December 17 and the FTSE on December 19, and will also become part of Saudi Arabia’s Tadawul All Share Index, which should continue to support the stock, according to market analysts. MSCI, whose emerging market gauge is tracked by investors managing trillions of dollars in invests, will assign Aramco a free float of 0.5 per cent, resulting in a weight of 0.17 basis points in the MSCI Emerging Markets Standard Index.





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