FTSE Reduces SCB Weight in All-World Index over Lower Float

Capital Nomura Securities stated that FTSE Russell made an announcement to reduce its weighting of SCB X Public Company Limited (SET: SCB) in the FTSE All-World Index due to lower float.

The downgrade in weighting will be effective at the closing of April 28, 2022, resulting in an outflow around $84.2 million.

SCB closed its first trading day in the Thai stock market at THB114 per share, increased 60.56% from its base price at THB71 per share.