On December 20th, 2021, the shares of One United Properties entered the FTSE Global All Cap index. The FTSE Global All Cap Index is a market capitalization-weighted index representing the performance of the large, mid, and small-cap stocks globally. The index covers Developed and Emerging Markets and is suitable as the basis for investment products, such as funds, derivatives, and exchange-traded funds.
“We are proud that as of today, the representation of Romanian entrepreneurial companies on an international base has increased. Since we have expressed our intention to list on the Bucharest Stock Exchange, we have looked at all the ways through which we can increase the visibility of the Romanian capital market towards global institutional investors. We are happy that already within six months since our IPO, ONE shares have been included in the FTSE Global All Cap index. Even though the share of Romanian companies remains modest, we estimate significant cash inflows into the Romanian capital market as a result of our inclusion by FTSE Russell. The impact of this decision is fundamental, as we have already seen a significant uptake in the trading activity on ONE shares,” said Victor Capitanu, co-CEO of One United Properties.
Since its IPO in July 2021, the One United Properties shares were amongst the most traded stocks on the Bucharest Stock Exchange. The daily liquidity from the first day of trading until December 17th, 2021, was 1.8 million lei per day. Since the announcement of the inclusion of ONE in FTSE Russell indices on November 22nd, the daily trading activity has increased significantly, with the average daily traded value being 5.3 million lei.
One United Properties is the fifth Romanian stock to enter the FTSE Global All Cap index after Banca Transilvania, Nuclearelectrica, OMV Petrom and Teraplast