Business & Investment

FTSE Adds ADNOC Drill to Three Global Stock Indexes

Dubai: Index Publisher FTSE Russell Added ADNOC excavation According to the ADNOC drilling statement, it is in three of its global stock indexes.

ADNOC drilling added to FTSE Global Large Cap Index, NS FTSE Emerging Index, And that FTSE All World Index, It said in a statement.

The index publisher, which is funding the benchmark for trillions of dollars in assets, previously announced the same to its clients on October 4th.

ADNOC Drilling is a division of Abu Dhabi National Oil Company. Baker Hughes holds a 5% stake in the company.

ADNOC Drilling went public earlier this month through a $ 1.1 billion initial public offering by selling an 11% stake in the company to investors.

FTSE Adds ADNOC Drill to Three Global Stock Indexes

https://economictimes.indiatimes.com/markets/stocks/news/ftse-adds-adnoc-drilling-to-three-of-its-global-equity-indices/articleshow/87079511.cms FTSE Adds ADNOC Drill to Three Global Stock Indexes

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