FTSE Russel added CarTrade Tech Ltd., TD Power Systems Ltd., and Zaggle Prepaid Ocean Services Ltd. to its FTSE Global Equity Index Series Small Cap Index. The London-based stock exchange added these Indian counters after deleting them from FTSE Global Equity Index Series Micro Cap Index, the exchange said Thursday.
Paradeep Phosphates Ltd. was added to the FTSE Global Equity Index Series Small Cap Index.
Meanwhile, FTSE Russel removed Fertilizers and Chemicals Travancore Ltd. from FTSE Global Equity Index Series Large Cap Index. The rejig happened based on updated cut-off date data, the exchange said.
These changes will come into effect from the close of business hours March 21.
The move is part of the semi annual review of FTSE Global Equity Index Series Asia Pacific ex Japan ex China Regional Index, Japan Regional Index and China Regional Index.
More on Asia-Pacific front, Affin Bank of Malaysia has been deleted from FTSE Global Equity Index Series Small Cap Index, based on updated cut-off date data. FTSE also removed Bonne, a beauty platform manager company based in South Korea, from FTSE Global Equity Index Series Micro Cap Index, as it is subject to surveillance by the stock exchange.
Australia's MAAS Group Holdings was added to FTSE Global Equity Index Series Small Cap Index.
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