bullish

Engie SA

Quiddity Leaderboard ES50 Sep 24: DSM Addition Unlikely; Engie Could Replace Kering (US$1bn+ Flows)

576 Views28 Aug 2024 11:18
There could be 9x-10x ADV to trade and US$1bn+ one-way flows if Kering gets replaced by Engie. However, these are low-conviction expectations since the rankings can still change.
What is covered in the Full Insight:
  • ES50 Index Review Overview
  • Final Selection Process
  • Review Cycle and Indicative Timeline
  • Potential Adds and Deletes
  • Performance of Suggested Trades
Boomeranged on Mon, 2 Sep 2024 04:56
The ES50 Sep 24 index review results will be announced later today. We see Kering (KER FP) as an expected DEL and Engie (ENGI FP) as an expected ADD. If the changes are confirmed as expected, there could be US$1.15bn flows one-way.
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