CAPPING IT OFF:While THSRC’s climbing stock price launched it onto the index, Eclat Textile Co and others fell onto the waiting list and the Mid-Cap 100 Index
Date: Jun 05, 2017
By: Staff writer, with CNA
Taiwan High Speed Rail Corp (THSRC, 台灣高鐵) has been added to the Taiwan 50 Index after a quarterly index review, the Taiwan Stock Exchange (TWSE) said.
The Taiwan 50 Index, which is jointly compiled and managed by the TWSE and global index provider FTSE International Ltd, is comprised of the top 50 stocks in the local equity market in terms of market capitalization.
The TWSE said that THSRC has ranked among the top 40 stocks in market cap in the local bourse, so FTSE decided to include the stock in the index.
The index adjustments are to take effect on June 19. [FULL STORY]