Yesterday, FTSE Russell included the Athens Stock Exchange in an upgrade watchlist in the category of developed markets
“For us, in the last two years, the return of the Athens Stock Exchange to the developed markets is our central strategic goal, for which we are working systematically and coordinated”, said Mr. Yannos Kontopoulos, CEO of the Athens Stock Exchange Group, after yesterday’s decision by FTSE Russell to include the Athens Stock Exchange in the watchlist for upgrading to the category of developed markets.
He also added: “This development comes after 8 years of our stay in the category of emerging markets, and confirms the progress that has been made in the critical parameters of both our market and the Greek listed companies”.
It should be noted that last August, S&P put the Athens Stock Exchange in the anteroom of the upgrade to the developed markets, as it included it in the 2025 watchlist, when the final decision will be made on its return to the category of developed markets . After regaining investment grade, an important milestone for the Athens Stock Exchange is its upgrade to the category of developed markets. It should be noted that the A.A. receives ratings from three agencies, MSCI, FTSE and S&P. Each one sets its own terms and conditions for joining the mature markets. MSCI, in its recent evaluation, did not proceed with the inclusion of the Greek stock market in the “watch list for upgrading”.
Source: Skai
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