In today’s briefing:
- Delta Electronics (DELTA TB): Potential SET50 Index Delete in December?
Delta Electronics (DELTA TB): Potential SET50 Index Delete in December?
- Delta Electronics Thai (DELTA TB) has been added to the Market Surveillance Measure List twice in the last few months. That increases the probability of index deletion in December.
- Given the big turnover every time Delta Electronics is added to and deleted from the index, there could be another go at weighting the SET50 Index by free-float market cap.
- Deletion from the index will have a big impact on Delta Electronics Thai (DELTA TB) and the passive selling could help narrow the gap with Delta Electronics (2308 TT).