In its latest semi-annual review, MSCI announced that GTCAP will be added to the MSCI Philippines
Index. There were no deletions in the main index. Meanwhile, WEB, PLC, and SSI will be added to
the MSCI Philippines Small Cap Index while RFM will be removed. All changes will be effected close
of May 29, 2015.
GTCAP’s inclusion to the main index is expected to put an upward pressure on its share price as
funds following the index load up on the issue. As of the time of writing, GTCAP is already up 6.4%
versus its closing price yesterday.
- COLfinancial
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