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Review and Maintenance

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U CAPITAL GCC 50 Index

Launched in 2011,U CAPITAL GCC 50 Index is a total-market index representing the GCC Market stocks. Comprising of 50 stocks, the index sample is selected from different sectors of these markets.

U CAPITAL GCC 50 INDEX is revised (re-set) on a yearly basis, every June end. The sample is selected based on the applicable selection criteria (Paid up Capitalization, Liquidity ratios, and Profitability ratios).
 
Review and Maintenance of “U CAPITAL OMAN 20 INDEX”
 
U CAPITAL OMAN 20 INDEX” is reviewed on annual basis. Inclusion or exclusion of the shares to/from the index sample takes place only on this review. The index maintenance takes place in the following cases:
 
Adjustments policy of “U CAPITAL OMAN 20 INDEX”
 
Actions Adjustment in the index Adjustment time
Cash Dividends
Doesnt reflect the index calculation, so no adjutment is needed.
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Distribution of stock dividends
Adjust the stock price to keep the market capitalization of the company equal before and after the distribution.
Day after AGM
Stock Split/Reverse Split
Adjust the stock price to keep the market capitalization of the company equal before and after the distribution.
Day after AGM
Right Issue
Adjust the new market capitalization of the index to maintain the previous value of the index.
Cut-Off Date
IPO/ Private Placement
Apply in our criteria to the index after complete one year as a listed company.
Listing Date
Reduction of issued shares.
Adjust the stock price to keep the market capitalization of the company equal before and after the reduction.
Shares reduction date
Reduction of issued shares through buying- back from the market.
Adjust the index to maintain the previous value of the index.
Shares reduction date
Converting Bonds to tocks or Mergers and Acquisitions
Adjust the index to maintain the previous value of the index.
New shares entry (listing) date
Changes in the index sample.
Drop the market value of the removed companies and add the market value of the added companies and Adjust the index to maintain the previous value of it.
The Index Annul Maintenance Date

U Capital Divisions