Centrica and Direct Line are also among the FTSE
100 companies that could be relegated.
All-Share index was up 0.10 point at 3,865.65.
The FTSE4Good Index Series consists of companies that meet global ESG criteria developed by FTSE
Russell, which belongs to the London Stock Exchange Group.
Russell index expertise and products are used extensively by institutional and retail investors globally.
Outside the PSEi, one notable gainer was San Miguel Food and Beverage (FB), which surged by 8.59 percent likewise due to its inclusion in FTSE
Global Equity Index, FTSE
All World and FTSE
The futures, together with other derivatives to be launched in coming months under the licence, will be designed to attract global and regional market participants including the many funds that use FTSE
Russell's indices as benchmarks for investing in Saudi equities.
The Fund is now available on many major investment platforms and provides an easy way to invest across multi ple structured investment strate gies, linked predominantly to the FTSE
100 Index, with no more than 10% credit exposure to any one bank.
Fashion giants Next are one of four FTSE
100 companies where women make up 50 per cent or more of the board, along with Rightmove, Hargreaves Lansdown and Taylor Wimpey.
"The move by the Chinese government has certainly lifted global sentiment: the FTSE
100 hit another record high today, and the DAX reached its highest level since early February."
ADS Custom Saudi Minimum Variance Index employs a rules-based approach and has been designed to minimise the volatility of the FTSE
Saudi Arabia All Cap Index, based on historical return information.
100 ended last week at a record high of 7,724 as UK shares joined global stock markets in a New Year rally.