Phoenix Group PLC joins FTSE ADX General and FTSE ADX 15 indices, effective March 18, 2024. This inclusion expected to boost visibility, attract passive investments, and elevate trading volumes. Co-founder & Group CEO, Seyed Mohammad Alizadehfard, lauds the move as a reflection of the company’s commitment to delivering value. Phoenix Group’s recent $370 million IPO on the Abu Dhabi Securities Exchange garnered significant interest, indicating strong investor confidence in the tech powerhouse.
FTSE ADX indices welcomes Phoenix Group PLC, cementing market influence
