Bank Jatim entered the FTSE Index

Date: 21 september 2023

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SURABAYA, September 21, 2023. PT Bank Pembangunan Daerah Jawa Timur Tbk or bankjatim for the first time successfully entered the Financial Times Stock Exchange (FTSE) Russell since the IPO on July 12, 2012. The issuer with the code BJTM is included in the FTSE index for the Micro Cap category along with other new residents. The entry of BJTM into the FTSE index is an achievement that should be proud of and become the most beautiful gift of bankjatim's 62nd birthday.

As is known, FTSE or known as FTSE Russel Group is a financial organization in the UK that specializes in providing indices for global financial market references or the term benchmarking portfolio. When a stock is included in the FTSE screening, the stock is considered to have healthy fundamentals and is followed by liquidity that is included in the FTSE criteria.

In addition, FTSE also has a good reputation and a very rigid track record of stock valuation so that stocks that are included in the FTSE criteria can certainly be considered by investors, especially foreign investors. For information, FTSE Russell again overhauled the list of stock constituents in the FTSE Global Equity Index and became effective on September 18, 2023.

In addition, FTSE also has a good reputation and a very rigid track record of stock valuation so that the stocks included in the FTSE criteria can certainly be considered by investors, especially foreign investors. For information, FTSE Russell again overhauled the list of stock constituents in the FTSE Global Equity Index and became effective on September 18, 2023.