Daily BriefsIndia

Daily Brief India: Delhivery and more

In today’s briefing:

  • FTSE All-World/​​​​​All-Cap Index Rebalance Preview: Potential Inclusions & Lock-Up Expiry

FTSE All-World/​​​​​All-Cap Index Rebalance Preview: Potential Inclusions & Lock-Up Expiry

By Brian Freitas

  • We see 4 potential adds, 1 close add and 1 potential delete for the FTSE All-World/All-Cap indices at the upcoming QIR that will be implemented at close on 16 December.
  • The largest impact will be the passive selling on Golden Agri Resources (GGR SP) due to a nationality change from Singapore to Ineligible.
  • There is a big lock-up expiry on Delhivery where US$2.89bn of shares will be free for trading on 21 November – that is significantly larger than the potential passive buying.

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