FTSE Index Rebalancing Adds 12 Stocks Today
CNBC TV18 · business
FTSE's semi-annual index review takes effect today, September 18, with approximately 12 stocks added to its all-cap index. The rebalancing will occur during the final 30 minutes of trading. Analyst estimates suggest significant potential inflows for several companies, including Cupid ($49 million), Urban Company ($37 million), and Pine Labs ($30 million). Other additions like ACME Solar Holdings, Apollo Micro Systems, and Avalon Technologies are also expected to see substantial fund flows.