BVB shares are included in the FTSE Russell indices dedicated to emerging markets

By rbj
The shares of the Bucharest Stock Exchange (BVB) will be included, from September 19, in the FTSE Russell indices dedicated to emerging markets, according to an announcement by the operator of our capital market.
The BVB shares will be part of the FTSE Global Micro Cap.
Also, Bittnet Group shares will be re-included in the FTSE Micro Cap indices from September 19. In March, the company’s shares were excluded from the index.
Impact shares will be excluded from the FTSE Global Micro Cap indices, the company’s total market capitalization being above the maximum threshold of the FTSE Micro Cap index, according to our market operator’s announcement.
MedLife and One United Properties shares will move from Small Cap to Mid Cap. The shares of the companies Banca Transilvania, OMV Petrom and Nuclearelectrica will move from Mid Cap to Large Cap.
Our country will thus have 13 companies included in the FTSE Russell indices dedicated to emerging markets starting from September 19.
The Romanian capital market became a secondary emerging market in the FTSE Russell hierarchy, the second global player to achieve such rankings, in September 2020, after four years of being on the monitoring list. On the other hand, according to MSCI, our capital market is still in the echelon of frontier markets.