BELUGA GROUP shares are included in the FTSE Emerging Index
FTSE Russel, one of the world's largest index providers, announced the results of the March revision of country indices. Thus, shares of PJSC BELUGA GROUP (ticker: BELU) were included in the FTSE Emerging Small Cap index due to a significant increase in the liquidity of securities over the last calendar year. Inclusion into the index will provide a passive inflow of liquidity from international funds at the level of approximately US$ 6 mln. The changes will come into force on March 18, 2022.
Along with the FTSE index, today the shares of BELUGA GROUP are included in Broad Market, the Consumer Sector Companies and SMID Indices of Moscow Exchange, as well as in the international MVIS Russia Small-Cap index from the index provider MV Index Solutions.
Alexander Mechetin, CEO of the company, commented on this event as follows: "The inclusion of BELUGA GROUP’s shares into international indices is a proof of qualitative development of the company's investment history and certainly positive news for our shareholders. We believe that this event will lead to additional interest in BELUGA GROUP shares from a wider range of investors, and will also contribute to further improvement of liquidity."