Impact of indices deletion14 Mar 2022 09:27
March 14th. FINMARKET.RU - Index provider FTSE has announced the exclusion of Evraz, Polymetal and Petropavlovsk from its indices, according to a review by VTB Capital strategists Daria Batyshkina and Andrey Kuznetsov.
The change will take effect on March 18 after the close of trading.
According to experts, the passive outflow of capital from the shares of Polymetal and Petropavlovsk will be about $90 million and $9 million, respectively. Passive outflow of money from Evraz securities during the resumption of trading on the LSE may reach about $70 million.