Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced the reclassification of three listed companies in the main equity market based on the Global Industry Classification Standard (GICS), starting Sunday, 9 July, according to a bourse statement issued on Sunday.
National Industrialization Co (Tasnee) was reclassified to "materials" from "capital goods".
Tadawul noted that Saudi Industrial Services Co (SISCO) was reclassified to "transportation" from "capital goods", and Saudi Chemical Co (Chemical) was reclassified to "healthcare equipment and services" from "materials".
