FTSE Russell’s Quarterly Review Triggers Strategic Shifts in Thai Stock Market

Tisco Securities (TISCO) noted that the FTSE Global Equity Index has announced its quarterly review of index components, which will see a series of adjustments set to take effect after the market closes on September 19. The review brings notable reshuffles across various index categories.

 

Large Cap Index:

The Large Cap Index will see no new inclusions this time around. However, CP Axtra (SET: CPAXT) is set to be the sole exclusion from this segment.

 

Mid Cap Index:

Adjustments in the Mid Cap section see CPAXT being added, while the shake-up results in B.Grimm Power (SET: BGRIM) and Srisawad Corporation (SET: SAWAD) being dropped from this category.

 

Small Cap Index:

The Small Cap index welcomes two new entries: BGRIM and SAWAD. Conversely, nine stocks will be exiting, namely BEC World (SET: BEC), Bangchak Sriracha (SET: BSRC), Forth Corporation (SET: FORTH), Pruksa Holding (SET: PSH), Singer Thailand (SET: SINGER), Super Energy Corporation (SET: SUPER), Ratchthani Leasing (SET: THANI), Taokaenoi Food & Marketing (SET: TKN), and TQM Alpha (SET: TQM).

 

The quarterly FTSE rebalance is a critical juncture for investors, guiding fund allocations and impacting stock performance notably across sectors. As these changes take effect, they will likely influence the market dynamics and encourage strategic reallocations.