MADRID, 28 Feb. (EUROPA PRESS) -
Audax Renovables has entered the MSCI World Small Cap, one of the global reference indices for listed companies, as a new value, which includes the representation of small-cap values in 23 countries of developed economies, as reported by the energy group on Tuesday. Spanish.
The company's entry into the indicator will be effective as of February 28.
With more than 4,000 listed companies, the index covers approximately 14% of the free float-adjusted market capitalization of each country.
Specifically, this classification includes companies from Germany, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Hong Kong, Ireland, Israel, Italy, Japan, Norway, New Zealand, the Netherlands, Portugal, Singapore, Spain, Sweden , Switzerland, the United Kingdom and the United States.
For its part, the objective of the index, which is reviewed quarterly and bases its methodology on the MSCI Global Investment Indexes, is to provide broad coverage of the most relevant investment opportunities, with special emphasis on liquidity.