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.