FTSE to Include AWC on Oct. 17, Expecting ฿1.45bn of Inflow!

The Financial Times Stock Exchange (FTSE) has made an announcement that FTSE All World will include Asset World Corp Public Company Limited (AWC) into the index effective at the closing price on October 17, 2019.

 

Mr. Koraphat Vorachet, director of investment research and investor services division at Capital Nomura Securities, states that an estimate of 48 million dollars or approximately 1.4 billion baht of inflow would be invested in AWC through this inclusion.

“The inclusion of AWC in FTSE All World has the same regulation as SET50 inclusion which requires the company to have free float, market capitalization and a room for foreign investors according to the criteria,” said Mr. Koraphat.

As for the inclusion in MSCI, Mr. Koraphat said that it would have to wait and see due to the share had just entered the market.