JFC moved to large cap in FTSE

06 Mar


Jollibee Foods Corporation’s (JFC) now belongs to global large-cap stocks covered by London-based FTSE Group, according to FTSE’s semiannual review results released on Wednesday.

The FTSE Global Equity Index Series Asia-Pacific ex Japan now classifies Jollibee a large-cap stock, from mid – cap before, according to FTSE’s March 2015 review.

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SCC and MEG were moved to mid-cap category from small-cap previously.

Meanwhile, SMC was stricken off the mid-cap list; while DNL joined the small-cap category.

“The changes will be effective after the close of business on Friday, 20 March 2015 (i.e. on Monday, 23 March 2015),” FTSE said in a statement accompanying the report.

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Posted by on March 6, 2015 in Corporate News, JFC, Stock Market


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