Boubyan Petrochemical sees active trades on FTSE listing

Mubasher: Boubyan Petrochemical said that the active trading registered on Sunday is attributed to FTSE Russell’s disclosure of the stock being among shares listed on the FTSE emerging markets index.

Boubyan noted that as the stock being listed on the FTSE index, this is expected to attract foreign liquidity ranging from $46 million to $53.4 million as estimated by both Arqaam Capital and EFG Hermes’s financial reports, according to a bourse statement on Sunday.

Mubasher Contribution Time: 27-Aug-2018 07:32 (GMT)
Mubasher Last Update Time: 27-Aug-2018 07:32 (GMT)