In today’s briefing:
- HM Sampoerna (HMSP IJ): Global Index Deletion Following IDX Segment Shift
HM Sampoerna (HMSP IJ): Global Index Deletion Following IDX Segment Shift
- HM Sampoerna (HMSP IJ) has been announced as a deletion from the Large cap of the Global Index at the September 2024 review.
- The reason for the security’s removal is due to a change of listing from an eligible to an ineligible exchange segment of the Indonesian Stock Exchange (IDX).
- Forecasted passive fund supply is ~$24.6m and ~11.9 ADV at the close of 20 September 2024. The significant ADV is because of the security’s low free float.
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