FTSE All World Reduces Weight of Thai Big-Cap Stocks, Leading to $42 Million of Outflows

The recent FTSE May 2022 update reduced the weight of some of the major securities in the Thai stock market, leading to an outflow of around 42 $million.

 

FTSE All World Index sees no addition and deletion for Thai securities, but lowered weighting of PTT Public Company Limited (SET: PTT), CP ALL Public Company Limited (SET: CPALL), SCC (The Siam Cement Public Company Limited (SET: SCC), Airports of Thailand Public Company Limited (SET: AOT), Bangkok Dusit Medical Services Public Company Limited (SET: BDMS), Advanced Info Service Public Company (SET: ADVANC) and Kasikornbank Public Company Limited (SET: KBANK) by around $1.8-4.2 million per securities. 

Meanwhile, FTSE Micro Cap added Britania Public Company Limited (SET: BRI), Civil Engineering Public Company Limited (SET: CIVIL), Heng Leasing and Capital Public Company Limited (SET: HENG), Peace & Living Public Company Limited (SET: PEACE), KTB mixed Freehold and Leasehold Real Estate Investment Trust (SET: KTBSTMR), Sun Vending Technology Public Company Limited (SET: SVT), Turnkey Communication Services Public Company Limited (SET: TKC), World Flex Public Company Limited (SET: WFX) and Thai Union Feedmill Public Company Limited (SET: TFM).

 

The new adjustment will take effect at the closing of June 17, 2022.