FTSE Russell lists MPHC under 'large cap' category
February 17 2019 07:54 PM
Mesaieed Petrochemical Holding

Global index compiler FTSE Russell has included Mesaieed Petrochemical Holding (MPHC) under its large cap category, while Woqod (Qatar Fuel) and Qatar Insurance have found their places within the midcap segments.
Qatari Investors Group will figure within the small cap segment and Al Khaleej Takaful, Qatar First Bank and Widam Food will figure among microcaps; whereas Gulf Warehousing and Salam International Investment would be deleted from the small cap segment.
The changes, which come as part of the March 2019 semi-annual review, will be effective on March 14, 2019, said an FTSE spokesman.
The large cap segment has found 18 new constituents across the Middle East, including Mesaieed Petrochemical Holding, a Qatar Petroleum subsidiary, which previously failed to enter the segment on liquidity aspect. The large cap segment saw seven exclusions also.

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